PRESS RELEASE Brussels, 24 August 2012

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Mitchell Malone
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- Regular houses became 2.9% more expensive. The increase was 4.2% last year. - Villas, bungalows and country houses became 1% more expensive. The increase was 3.7% last year.

1 PRESS RELEASE Brussels, 24 August 212 ARE PROPERTY PRICE INCREASES COMING TO A STANDSTILL? In the first quarter of 212 average property prices still increased slightly compared to the same period last year, but the increase seems to have reached a standstill in the second quarter. - Regular houses became 2.9% more expensive. The increase was 4.2% last year. - Villas, bungalows and country houses became 1% more expensive. The increase was 3.7% last year. - Flats and building plots both became slightly over 5% more expensive: flats increased by 5.5%, building plots by 5.7%. These increases seem to have reached a standstill in the second quarter. The following quarters will confirm if this trend continues. This press release contains annual and quarterly comparisons. The appendix contains a table with average prices of the last three years and an overview of the least and most expensive provinces and municipalities. More detailed information can be found on our website All prices mentioned in this press release are average prices. They are expressed in euros per property sold for regular houses, villas and flats. Average prices of building plots are expressed in euros per square metre. These statistics are based on data from the Land Register of the FPS Finances and concern those sales that are subject to registration duties.

2 Annual comparison Belgium Because there are only prices available for the first semester of 212, the comparison of the annual figures below will only take into account average prices calculated based on the first semester. The decreasing average house prices in 29 evolved into price increases from 21 onward. Since then the prices increased less considerably over time. This trend continued until the first semester of Regular houses (191,211 euros) became 2.9% more expensive. The increase was 4.2% last year. - Villas, bungalows and country houses (33,74 euros) became 1% more expensive. The increase was 3.7% last year. Flats and building plots both became slightly over 5% more expensive: - Flats (21,545 euros) became 5.5% more expensive. The increase was 3.6% last year. - Building plots (14.8 euros/m²) became 5.7% more expensive, compared to a price decrease by 4.6% last year. BELGIUM /21 212/ regular houses 178, , , % +2.9% villas, bungalows, country houses 315,73 327,512 33, % +1.% apartments, flats, studios 184,299 19,966 21, % +5.5% building plots % +5.7% (dwellings: euros per house sold / building plots: euros per square metre) (the average prices are based on the first semester of each year) Graphical representation /m² Regular houses ( ) Villas ( ) Appartements ( ) Building plots ( /m²) (left axis = regular houses, villas and flats in euros / right axis = building plots in euros/m²) (the chart is based on the average prices of the first semester of each year)

3 Flemish Region A regular house in the Flemish Region cost on average 25,38 euros. The average prices were 354,719 euros for a villa and 26,617 euros for a flat. The prices for building plots amounted on average to euros/m². The cheapest province was Limburg, where on average 181,544 euros was paid for a regular house. Flemish Brabant had the most expensive houses (235,837 euros). The cheapest municipality was Ronse, where a regular house cost on average 125,886 euros. The most expensive municipality was Kraainem, where people paid on average 379,635 euros. (See appendix) FLEMISH /21 212/ regular houses 189, ,716 25,38 +5.% +3.2% villas, bungalows, country houses 337,866 35, , % +1.1% apartments, flats, studios 188, ,64 26, % +5.1% building plots % +6.6% (dwellings: euros per house sold / building plots: euros per square metre) Graphical representation (the average prices are based on the first semester of each year) /m² Regular houses ( ) Villas ( ) Appartements ( ) Building plots ( /m²) (left axis = regular houses, villas and flats in euros / right axis = building plots in euros/m²) (the chart is based on the average prices of the first semester of each year)

4 Walloon Region In the Walloon Region regular houses cost on average 144,256 euros. The average prices were 264,37 euros for a villa and 16,359 euros for a flat. Building plots cost on average 49.5 euros/m². The cheapest province for regular houses was Hainaut with 124,121 euros on average. Walloon Brabant was the most expensive province with an average house price of 24,79 euros. The most expensive municipality was Lasne (448,912 euros); the cheapest municipality Quaregnon, where houses had an average price of 92,26 euros. (See appendix) WALLOON /21 212/ regular houses 135,738 14,93 144, % +3.% villas, bungalows, country houses 254,24 259, , % +1.9% apartments, flats, studios 142, ,24 16, % +8.3% building plots % +3.6% (dwellings: euros per house sold / building plots: euros per square metre) (the average prices are based on the first semester of each year) Graphical representation 3. /m² Regular houses ( ) Villas ( ) Appartements ( ) Building plots ( /m²) (left axis = regular houses, villas and flats in euros / right axis = building plots in euros/m²) (the chart is based on the average prices of the first semester of each year)

5 Brussels Capital Region In the Brussels Capital Region regular houses cost on average 353,458 euros. The average prices were 933,254 euros for a villa and 215,115 euros for a flat. Building plots cost on average euros/m². The cheapest municipality was Anderlecht, where a regular house cost on average 239,299 euros. The most expensive municipality was Ixelles, where people paid on average 511,86 euros. (See appendix) BRUSSELS CAPITAL /21 212/ regular houses 339, ,55 353, % +3.6% villas, bungalows, country houses 82,69 1,14, , % 8.% apartments, flats, studios 199,127 22,15 215, % +6.4% building plots % +6.7% (dwellings: euros per house sold / building plots: euros per square metre) (the average prices are based on the first semester of each year) Graphical representation /m² 5 (left axis = regular houses, villas and flats in euros / right axis = building plots in euros/m²) (the chart is based on the average prices of the first semester of each year) Regular houses ( ) Villas ( ) Appartements ( ) Building plots ( /m²)

6 Comparison per quarter The table below presents an overview of the average prices per quarter for Belgium and the three regions for the different types of property. These figures suggest that the average prices for all types of property throughout the country decreased slightly in the second quarter of 212. However, average prices of building plots showed a remarkable increase. The same evolution occurred in the Flemish Region for houses. Compared to the entire country, building plots hardly increased in price. A similar evolution was registered for houses in the Walloon Region, with the exception that the average prices for flats increased slightly. Building plots became considerably more expensive in the second quarter, by 18.7%. The average prices in the Brussels Capital Region fluctuate to a much larger extent, because there were considerably fewer transactions in this region compared to the two other regions. This was especially the case for villas and building plots. Regular houses and flats revealed slight price increases. dwellings: euros per dwelling sold building plots: euros per square metre 21 (Q3) 21 (Q4) (Q1) (Q2) (Q3) (Q4) 212 (Q1) 212 (Q2) BELGIUM FLEMISH WALLOON BRUSSELS CAPITAL regular houses 183, ,27 185, , , , , ,142 villas, bungalows, country houses 321, , ,299 33, ,5 332, ,42 329,21 apartments, flats, studios 189, , , , ,559 21,9 21,664 21,427 building plots regular houses 195,64 195, , ,183 24,59 22,224 25,332 24,76 villas, bungalows, country houses 343,4 349, ,52 352,32 353, ,73 356, ,848 apartments, flats, studios 194,88 25, , ,375 2,878 27,429 27,21 26,12 building plots regular houses 142,71 143,954 14,59 139, , ,18 144, ,698 villas, bungalows, country houses 258, , , , , , , ,47 apartments, flats, studios 147, , , ,2 154, ,42 159,853 16,831 building plots regular houses 339, , ,841 34, ,91 357,76 351,98 354,937 villas, bungalows, country houses 1,63,99 942, ,11 1,74,197 1,115, , ,276 1,31,398 apartments, flats, studios 2,37 26,863 21,791 22, ,212 29, , ,476 building plots

7 Additional information For more information, please contact Stephan Moens: 2/ Source Directorate General Statistics and Economic Information Additional figures Tables with detailed data can be found on:

8 Appendices Overview The table below lists the average prices in the first semester of the last available years. Average sales prices 21 (dwellings: euros per dwelling sold) (building plots: euros per square metre) 212 /21 212/ BELGIUM FLEMISH WALLOON BRUSSELS CAPITAL ANTWERP FLEMISH BRABANT WALLOON BRABANT WEST FLANDERS EAST FLANDERS HAINAUT LIÈGE LIMBURG LUXEMBOURG NAMUR regular houses 178, , , % +2.9% villas, bungalows, country houses 315,73 327,512 33, % +1.% apartments, flats, studios 184,299 19,966 21, % +5.5% building plots % +5.7% regular houses 189, ,716 25,38 +5.% +3.2% villas, bungalows, country houses 337,866 35, , % +1.1% apartments, flats, studios 188, ,64 26, % +5.1% building plots % +6.6% regular houses 135,738 14,93 144, % +3.% villas, bungalows, country houses 254,24 259, , % +1.9% apartments, flats, studios 142, ,24 16, % +8.3% building plots % +3.6% regular houses 339, ,55 353, % +3.6% villas, bungalows, country houses 82,69 1,14, , % 8.% apartments, flats, studios 199,127 22,15 215, % +6.4% building plots % +6.7% regular houses 27, , , % +2.3% villas, bungalows, country houses 368, ,21 379, % +.8% apartments, flats, studios 166, ,56 178, % +3.2% building plots % +12.1% regular houses 22,29 231, , % +1.9% villas, bungalows, country houses 369,327 38, , % +5.2% apartments, flats, studios 197, , , % +7.3% building plots % +5.7% regular houses 214, ,44 24,79 +8.% +4.% villas, bungalows, country houses 385,26 4,113 4, % +.1% apartments, flats, studios 188, , , % +7.4% building plots % 11.8% regular houses 167, , , % +4.9% villas, bungalows, country houses 351, ,418 37, % 4.% apartments, flats, studios 22,24 232, , % +4.2% building plots % +1.9% regular houses 175,2 185,76 192, % +3.8% villas, bungalows, country houses 319, ,75 331,75 +4.%.1% apartments, flats, studios 187, ,995 27, % +5.2% building plots % 3.2% regular houses 117,636 12, , % +3.3% villas, bungalows, country houses 221, , , % +4.2% apartments, flats, studios 128,1 128,42 14,84.% +9.4% building plots % +9.3% regular houses 136, ,34 147, % +4.5% villas, bungalows, country houses 214, ,47 216,84 +1.%.1% apartments, flats, studios 131, , , % +9.5% building plots % +2.1% regular houses 169,21 175, , % +3.5% villas, bungalows, country houses 249,33 251, , % +3.1% apartments, flats, studios 172,41 176, , % +8.1% building plots % +6.8% regular houses 149,67 147, ,473.9% 2.2% villas, bungalows, country houses 217,4 218, , % 1.2% apartments, flats, studios 134, ,24 157, % +6.3% building plots % +12.6% regular houses 151,37 153, , % +.4% villas, bungalows, country houses 28,64 214, ,24 +3.% +3.7% apartments, flats, studios 154, , , % +5.1% building plots % +7.3%

9 Least and most expensive provinces in 212 (first semester) The table below lists the most and least expensive provinces by region for the first semester of 212. most expensive province least expensive province FLEMISH regular houses villas, bungalows, country houses apartments, flats, studios building plots FLEMISH BRABANT 235,837 FLEMISH BRABANT 399,998 WEST FLANDERS 242,817 FLEMISH BRABANT 185 /m² LIMBURG 181,544 LIMBURG 259,487 ANTWERP 178,995 LIMBURG 133 /m² WALLOON regular houses villas, bungalows, country houses apartments, flats, studios building plots WALLOON BRABANT 24,79 WALLOON BRABANT 4,692 WALLOON BRABANT 211,976 WALLOON BRABANT 88 /m² HAINAUT 124,121 LUXEMBOURG HAINAUT 14,84 LUXEMBOURG 34 /m² Houses: most and least expensive municipalities The table below lists the most and least expensive municipalities for Belgium and the regions based on the average prices of regular houses in the first semester of 212. Belgium most expensive municipalities average price least expensive municipalities average price 1 IXELLES (126) 511,86 1 QUAREGNON (71) 92,26 2 WOLUWE SAINT PIERRE (96) 495,729 2 FRAMERIES (112) 94,765 3 WOLUWE SAINT LAMBERT (78) 478,221 3 FLORENVILLE (17) 94,941 4 ETTERBEEK (59) 455,388 4 BOUSSU (72) 95,52 5 LASNE (17) 448,912 5 QUIEVRAIN (24) 95,273 6 UCCLE (117) 448,844 6 COLFONTAINE (112) 96,577 7 WATERMAEL BOITSFORT (35) 427,791 7 HASTIERE (13) 1,154 8 AUDERGHEM (75) 386,33 8 FARCIENNES (45) 12,964 9 KRAAINEM (42) 379,635 9 HERBEUMONT (7) 13,357 1 LA HULPE (13) 378,77 1 MOMIGNIES (18) 14, WEZEMBEEK OPPEM (25) 371,76 11 BOUILLON (22) 14, BRUXELLES (24) 338, ERQUELINNES (34) 16, SAINT GILLES (74) 336, SERAING (275) 16, KNOKKE HEIST (56) 329, CHARLEROI (91) 16, FOREST (66) 326, PALISEUL (11) 17, TERVUREN (35) 323, DOUR (13) 17, RIXENSART (26) 322, MEIX DEVANT VIRTON (8) 17,5 18 MEISE (37) 318,83 18 VIROINVAL (3) 18, LINKEBEEK (11) 39, LIBRAMONT CHEVIGNY (9) 18,444 2 BOECHOUT (22) 39,659 2 SIVRY RANCE (16) 18,556

10 Flemish Region most expensive municipalities average price least expensive municipalities average price 1 KRAAINEM (42) 379,635 1 RONSE (156) 125,886 2 WEZEMBEEK OPPEM (25) 371,76 2 ZOUTLEEUW (28) 131,96 3 KNOKKE HEIST (56) 329,714 3 MENEN (188) 137,662 4 TERVUREN (35) 323,191 4 KLUISBERGEN (15) 139,133 5 MEISE (37) 318,83 5 GINGELOM (35) 141,417 6 LINKEBEEK (11) 39,736 6 LEDEGEM (34) 141,721 7 BOECHOUT (22) 39,659 7 LO RENINGE (11) 141,853 8 OVERIJSE (31) 295,694 8 HEERS (15) 143,267 9 RIJKEVORSEL (16) 294,229 9 TONGEREN (18) 143,282 1 HERNE (7) 29,36 1 GERAARDSBERGEN (137) 144, SCHILDE (24) 288, PITTEM (13) 146, LEUVEN (263) 287, LEOPOLDSBURG (3) 149, DAMME (24) 285, HEUVELLAND (29) 149, LINT (15) 283, 14 WERVIK (73) 149, ZAVENTEM (76) 282,99 15 NIEUWERKERKEN (19) 152, BRASSCHAAT (99) 28, WEVELGEM (123) 153, WEMMEL (46) 279,42 17 LIERDE (2) 153, HOEILAART (24) 278, MEEUWEN GRUITRODE (7) 154, SINT GENESIUS RODE (29) 278, POPERINGE (79) 155,95 2 EDEGEM (6) 275,784 2 ALVERINGEM (19) 155,647 Walloon Region most expensive municipalities average price least expensive municipalities average price 1 LASNE (17) 448,912 1 QUAREGNON (71) 92,26 2 LA HULPE (13) 378,77 2 FRAMERIES (112) 94,765 3 RIXENSART (26) 322,835 3 FLORENVILLE (17) 94,941 4 WATERLOO (43) 35,77 4 BOUSSU (72) 95,52 5 CHAUMONT GISTOUX (1) 298,82 5 QUIEVRAIN (24) 95,273 6 OTTIGNIES LOUVAIN LA NEUVE (37) 291,986 6 COLFONTAINE (112) 96,577 7 CHASTRE (1) 285,1 7 HASTIERE (13) 1,154 8 JALHAY (1) 262,45 8 FARCIENNES (45) 12,964 9 BRAINE L ALLEUD (78) 261,833 9 HERBEUMONT (7) 13,357 1 WALHAIN (16) 261,156 1 MOMIGNIES (18) 14, GREZ DOICEAU (26) 256, BOUILLON (22) 14, BURDINNE (8) 254,65 12 ERQUELINNES (34) 16, BRAINE LE CHATEAU (31) 25,55 13 SERAING (275) 16, GEER (12) 247,5 14 CHARLEROI (91) 16, FLOBECQ (8) 245,25 15 PALISEUL (11) 17, WAVRE (56) 243, DOUR (13) 17, SILLY (14) 236, 17 MEIX DEVANT VIRTON (8) 17,5 18 OLNE (9) 223, VIROINVAL (3) 18, AUBEL (7) 222, LIBRAMONT CHEVIGNY (9) 18,444 2 RAMILLIES (15) 222,33 2 SIVRY RANCE (16) 18,556 Brussels Capital Region most expensive municipalities average price least expensive municipalities average price 1 IXELLES (126) 511,86 1 ANDERLECHT (197) 239,299 2 WOLUWE SAINT PIERRE (96) 495,729 2 SAINT JOSSE TEN NOODE (31) 243,377 3 WOLUWE SAINT LAMBERT (78) 478,221 3 GANSHOREN (28) 253,875 4 ETTERBEEK (59) 455,388 4 JETTE (75) 269,887 5 UCCLE (117) 448,844 5 EVERE (53) 274,151

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