Eurostat just released an update on the house prices in the Euro Area. I am actively following this to follow up on the Belgium housing market, which I think is in a bubble.
The latest release on housing prices can be found in this report.
The trend is obviously down since the crisis of 2008. So it is still not a good time to buy a house. Renting is a lot better. As a matter of fact, I just had a walk around my area with the dogs and I've seen so many homes for sale it's not funny anymore. Belgium is the least affordable country in the Eurozone to buy a house.
Looks like Belgium is down 1.1% quarter over quarter and I expect it will get worse.
The latest release on housing prices can be found in this report.
The trend is obviously down since the crisis of 2008. So it is still not a good time to buy a house. Renting is a lot better. As a matter of fact, I just had a walk around my area with the dogs and I've seen so many homes for sale it's not funny anymore. Belgium is the least affordable country in the Eurozone to buy a house.
Looks like Belgium is down 1.1% quarter over quarter and I expect it will get worse.
Geen opmerkingen:
Een reactie posten