Saturday, December 29, 2007

House prices in Belgium have doubled since 2000

Buying a residence in Belgium today costs two times what it did in 2000. Prices increases during 2008 are expected to remain limited. This is the prediction according to information by Stadim study agency.

The average price for a house in Belgium the beginning of October was €157,200. This is 50% more than four years ago (€102,000) and roughly double the average price in 2000 (€79,600).

Housing prices in 2008 are not expected to exceed 5% for houses and 2% for apartments, though in some places increases of 6-8% could be the case.

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