17 November 2016
The house price report for the third quarter of 2016 has been released by the States Statistics Unit.
The latest report shows that:
on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q3 2016 was essentially unchanged compared with the previous quarter
on a quarterly basis:
the seasonally adjusted mix-adjusted average price in Q3 2016 was 2% lower than in the previous quarter and 3% higher than the corresponding quarter in 2015 (Q3 2015)
2- and 3- bedroom houses both recorded higher mean property prices in Q3 2016 compared with Q2 2016
4-bedroom houses together with 1- and 2- bedroom flats recorded lower mean property prices in Q3 2016 compared with Q2 2016
the turnover of properties in Q3 2016 was the highest recorded quarterly figure since 2006
overall housing market activity, on a rolling four-quarter basis, was 8% higher than in the previous quarter
on a rolling four-quarter basis, rental prices in Jersey were 1% higher during the year ending Q3 2016 than in the previous quarter (ending Q2 2016)
Download House Price Index report Q3 2016 (size 778kb)
gov.je