Belgian house prices poststrong gains in Q1 2010

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Residential prices in Belgium rose strongly in Q1 2010, after three quarters of economic growth.

The average price of ordinary houses in Belgium rose to €177,204 in Q1 2010, up by 5% from a year earlier, and up by 1.08% on the quarter - the fourth consecutive quarterly house price increase according to Statistics Belgium (StatBel).  Apartments (including studios and flats) rose 5.9% y-o-y to Q1, and villas (including bungalows and country houses) rose 2.1% over the same period.

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