House Price report for Q3 2017

16 November 2017

​The House Price Index report for the third quarter of 2017 has been published by the Statistics Unit

In the third quarter of 2017:

• on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q3 2017 was 1% higher when compared with the year ending Q2 2017
• on a quarterly basis:
• the seasonally adjusted mix-adjusted average price in Q3 2017 was 1% higher than in the previous quarter and 2% higher than the corresponding quarter in 2016 (Q3 2016)
• most individual property types recorded higher mean property prices in Q3 2017 compared with Q2 2017, with 1-bedroom flats and 2-bedroom houses recording marginal decreases in mean prices
• the turnover of properties was lower than both the previous quarter and the corresponding quarter of 2016
• overall housing market activity, on a rolling four-quarter basis, was 1% lower than in the previous quarter
• on a rolling four-quarter basis, rental prices in Jersey was essentially unchanged during the year ending Q3 2017 when compared with the year ending Q2 2017

House Price Index report for third quarter 2017