DOCUMENTATION PATRIMONIAL - Fiscus.fgov.be

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14 The Prices of Apartments and houses Introduction The prices of houses on the secondary market (which does not take into account the new buildings) finally stabilized in 2009 after a small fall at the end of 2008 and despite a hesitation during the second quarter. During the third and fourth quarters, the prices picked up again and end up higher than ones of all the previous years. With the financial and economic crisis, the collapse of the real estate market in the other European countries and of the non-residential market in Belgium, with a growing employment insecurity and a weak inflation, it is good news for all the owners whose immovable property keeps its value. And in Belgium, almost three-quarter of the residents have their own house! ■ Evolution of the market In comparison with the average of the years 2005 until 2007, the number of sales decreased by 5% in 2008 and by 13 % in 2009. The buyers have imposed their will upon the market and stabilized the prices which brings about a reduction of activity for the professionals of property market. During the last quarter of 2008, the price of houses decreased by 2% in comparison with the previous quarter the price of apartments only decreased by 0,5%. In 2009, the prices of apartments increased constantly, while those of the houses fluctuated upwards and downwards during the first half of the year to recover slightly at the end of the year. ■ Asset 2009 2008 2007 2006 2005 Apartments 1.90 1.79 1.76 1.65 1.53 Houses (villas + houses 2/3 frontages) 1.93 1.88 1.83 1.68 1.53 Evolution of the prices index [index 1.00 of reference: 1 st quarter of 2003] The attentive reader will notice a difference between the actual numbers and those published in the previous activities report. This can be explained by a modification of the method: previously the extremely high and extremely low selling prices were eliminated before the calculation; now all the selling prices are taken into consideration.
The prices of Apartments and houses (continuation) 15 Mechelen Differences according to the type of property and Region The average prices and the prices of reference are significant but they dissimulate the differences according to the type of the property, irrespective of the age, the quality of the construction and the state of maintenance. In 2009, 16,000 apartments and houses two frontages were sold for less than 100,000 euros whereas the average price amounts respectively to 168,000 and to 170,000 euros. ■ 1.000.000 800.000 600.000 400.000 200.000 0 170.000 125.000 185.000 Apartments Houses 2/3 frontages Villas 4 frontages Average selling prices by type of property and Region 186.000 127.000 332.000 297.000 218.000 965.000 ■ Flemish Region ■ Walloon Region ■ Brussels-Capital Region ■ ■ ■
Page 1 and 2: © Alain Van de Maele P A T R I M O
Page 3 and 4: Foreword The reform within the FPS
Page 5 and 6: The Branches, new administrative di
Page 7 and 8: The service of maintenance claims
Page 9 and 10: The IAM Cell (Identity and Access M
Page 11 and 12: Our collaborations (continuation) 1
Page 13: The performance Management (continu
Page 17 and 18: The prices of Apartments and houses
Page 19 and 20: Owners and cadastral income (contin
Page 21 and 22: Our staff members 21 The staff’s
Page 23 and 24: Foreword. . . . . . . . . . . . . .

DOCUMENTATION PATRIMONIAL - Fiscus.fgov.be

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