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Luxembourg: advertised selling price of houses (Q1 2005=100)

Luxembourg

House prices in Luxembourg.

The Ministry of Housing of Luxembourg publishes a quarterly house price index based on advertised selling prices of houses in Luxembourg. The price index is available in nominal and current prices. The time-series started in 2005.

STATEC Luxembourg releases quarterly and annual statistics on the selling prices of apartments, such as hedonic price index and average prices. It started in 2007.

House prices in Luxembourg, % change 1 yr

Nominal and inflation-adjusted ('real')

Luxembourg

Source: Statec Luxembourg


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20203.69%
20193.8%3.95%3.71%1.15%
2018-0.9%2.28%0.09%-0.57%
2017-3.69%3.24%-3.54%5.84%
2016-0.87%-0.59%4.83%3.94%
2015-5.53%0.62%2.63%4.57%
2014-4.33%4.66%-2.17%10.3%
2013-4.2%4.5%2.41%-1.65%
2012-3.3%1.95%-3.66%7.24%
20111.47%-1.47%-2.1%6.75%
20104.74%-4.4%4.13%-1.35%
2009-2.59%-1.25%-3.99%4.82%
2008-2.18%2.06%-0.54%1.95%
2007-0.66%2.31%0.13%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.