Number of residential real estate transactions in Belgium 1990-2017
In recent years, the housing market in Belgium remained stable. Between 2005 and 2015 for example, the number of real estate transactions in housing in the Flemish region increased from approximately 39,500 transactions in 2005 to a value of approximately 43,000 transactions in 2014. This was due to Belgium's fiscal system. 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.