Statistics Jersey has today released the latest House Price Index (HPI) report, covering the first quarter of 2026.
The report shows that, on an annual basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q1 2026 was 5% lower than in the corresponding quarter of 2025. On a rolling four‑quarter basis, prices were 1% lower compared with the previous quarter (year ending Q4 2025).
Property turnover in Q1 2026 was 1% lower than in Q1 2025 and 10% lower than in the previous quarter (Q4 2025). Overall housing market activity also declined; on a rolling four‑quarter basis, activity was 14% lower than the previous quarter and 6% lower than the corresponding period a year earlier.
The report highlights that the House Price Index remains 18% below its peak, which was recorded in the third quarter of 2022.
In the private rental sector, transactions involving HPI‑eligible properties indicated a net decrease of 19 rental units during the quarter. Of the properties transacted, 49 were previously in the private rental sector, while 30 were purchased for rental use, resulting in a modest reduction of approximately 0.2% in private rental accommodation.
Advertised private sector rental prices were broadly unchanged on a rolling four‑quarter basis compared with the previous quarter.
This quarterly report also includes additional analysis, with sections examining movements within the housing market, including how households are moving between property types, as well as an overview of the annual composition of market sales for 2024 and 2025.