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Quarterly gross residential mortgage lending in Belgium 2016-2018

Gross residential mortgage lending in Belgium from 1st quarter 2016 to 3rd quarter 2018 (in million euros)

by Raynor de Best, last edited Jan 17, 2019
Quarterly gross residential mortgage lending in Belgium 2016-2018 This statistic shows the gross residential mortgage lending in Belgium from the first quarter of 2016 to the third quarter of 2018 (in million euros). In the third quarter of 2018, gross lending reached a value of approximately 9.3 billion euros. In recent years, the housing market in Belgium remained stable. This was due to Belgium's fiscal system. When purchasing a house in Belgium, consumers pay the asking price plus ten (in Flanders) or 12 percent (in Wallonia and the Brussels capital region) in registration rights. This makes buying a house in Belgium a long-term investment. Between the fourth quarter of 2014 and the fourth quarter of 2016, the house price index of Belgium increased from 143 to 149, whilst the indices of Luxembourg and the Netherlands increased from 138 to 154 and 92 to 101 respectively in the same period. Between 2005, the number of real estate transactions in Belgium decreased from approximately 69,250 in 2005 to approximately 51,500 in 2015. In March 2016, the confidence indicator of the construction sector in Belgium reached a level of approximately -6.4. Whilst this was higher than the European average, both indicators remained negative.
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Gross residential mortgage lending in Belgium from 1st quarter 2016 to 3rd quarter 2018 (in million euros)

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