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Initiated dwelling construction per 1,000 citizens in Belgium and Netherlands 2016

Number of initiated dwelling construction per 1,000 citizens in Belgium and the Netherlands in 2016

by Raynor de Best, last edited Sep 13, 2018
Initiated dwelling construction per 1,000 citizens in Belgium and Netherlands 2016 This statistic shows the number of initiated dwelling construction per 1,000 citizens in Belgium and the Netherlands in 2016. In 2016, approximately five dwellings were initiated per 1,000 citizens in Belgium. This is higher than the number reached in the Netherlands. In recent years, the housing market in Belgium remained stable. Between 2005 and 2014, for example, the number of real estate transactions in housing in the Flemish region increased from approximately 39,500 transactions in 2005 to a value of approximately 43,000 transactions in 2014. 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 second quarter of 2017, the house price index of Belgium increased from 143 to 153, whilst the indices of Luxembourg and the Netherlands increased from 138 to 156 and 92 to 105 respectively in the same period.

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Number of initiated dwelling construction per 1,000 citizens in Belgium and the Netherlands in 2016

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