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According to analyses by Realo, conducted at the request of De Tijd, the newspaper reports that the energy label is playing an increasingly important role in the valuation of houses.
In the third quarter of 2023, the prices of newly built real estate in Belgium continued to rise, despite ongoing indications of a cooling in the overall property market. The differing trends between the regions continue. Especially in the segment of new-build houses, Flanders and Wallonia are drifting apart.
Building land prices in Belgium have increased by 27% since 2019, reaching 180 euros per square meter, mainly due to exceptional price hikes in 2020 and 2021. Significant differences still exist between the regions. Analyses from the real estate data platform Realo provide new insights into the price evolution of building land in Belgium, as no data is available after 2014.