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Building land prices in Belgium have increased by 27% since 2019, reaching 180 euros per square meter, mainly due to exceptional price hikes in 2020 and 2021. Significant differences still exist between the regions. Analyses from the real estate data platform Realo provide new insights into the price evolution of building land in Belgium, as no data is available after 2014.
Real estate in Belgium became slightly more expensive in the second quarter of 2023: house prices rose by 1.12%, and apartment prices by 1.23%. This is noteworthy, as the last time prices rose this much dates back to mid-2022.
The prices of residential new-build properties in Belgium, including houses and apartments, continue to increase in the second quarter of 2023. Particularly noteworthy is the price increase of new-build apartments in Wallonia, following a slight decline in the first quarter. This is shown by the New-Build Index, an initiative by neighbourhood developer Matexi and real estate data platform Realo.