The impact of changes in dwelling characteristics and housing preferences on Belgian house prices

Article published in the Economic Review of 2022

House prices have increased very strongly in the first COVID year and this increase was not driven by changes in the quality of the property sold. Turning to the longer term, the energy quality of dwellings gradually improved over the past decade and it will need to improve significantly more to reach the European climate goals.

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Since 2019, the articles from the Economic Review are published in French and Dutch in the form of digests, their full version being available only in English.