Number of mortgage applications percentage change in Belgium 2018-2020
When purchasing a house in Belgium, consumers pay the asking price plus ten (in Flanders) or 12 percent (in Wallonia and the Brussels capital region) in registration rights. This makes buying a house in Belgium a long-term investment. Between the third quarter of 2017 and the third quarter of 2018, the house price index of Belgium increased from 152 to 156, whilst the indices of Luxembourg and the Netherlands increased from 160 to 166 and 107 to 117 respectively in the same period.