13 November 2014
The latest House Price Index has been released by the States Statistics Unit:
- on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey in Q3 2014 was unchanged from the previous quarter (Q2 2014)
- on a quarterly basis, the seasonally adjusted mix-adjusted average price in Q3 2014 was 1% lower than in the previous quarter (Q2 2014). Flats (one and two bedroom) and four bedroom houses recorded lower mean prices than in the previous quarter. Two and three bedroom houses saw higher mean prices
- the turnover of properties in Q3 2014 was marginally lower than in the previous quarter (Q2 2014)
- share transfer transactions accounted for slightly more than half (54%) of all eligible flat sales in Q3 2014, a similar proportion to that recorded in calendar year 2013
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