23 May 2019
The House Price Index report for the first quarter of 2019 has been published by Statistics Jersey.
In the first quarter of 2019:
on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q1 2019 was essentially unchanged compared with the previous quarter (year ending Q4 2018)
on a quarterly basis:
the seasonally adjusted mix-adjusted average price was 4% higher than in the previous quarter and 2% higher than in the corresponding quarter of 2018 (Q1 2018)
all property types, except 4-bedroom houses, saw an increase in mean price compared with the previous quarter
the turnover of properties was essentially at the same level as in Q1 2018 but was a third lower than in the previous quarter (Q4 2018)
overall housing market activity, on a rolling four-quarter basis, was 1% higher when compared with the previous quarter (Q4 2018) and 13% higher than in the corresponding quarter of 2018
on a rolling four-quarter basis, advertised private sector rental prices increased by 4% during the year ending Q1 2019 compared with the year ending Q4 2018
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