Number of newly-constructed dwellings in Wallonia in Belgium 2010-2016
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 third quarter of 2018, the house price index of Belgium increased from 143 to 156, whilst the indices of Luxembourg and the Netherlands increased from 138 to 166 and 92 to 117 respectively in the same period.
In May 2019, the confidence indicator of the construction sector in Belgium reached a level of approximately -1.6. This was lower than the European average.