Property market
Price per sqm
Key market indicator relating the selling price to the livable surface area.
Full definition
The price per square meter is the reference indicator for comparing property prices across municipalities, neighborhoods, or property types. In Belgium, it varies considerably: from EUR 1,500/sqm in some rural Walloon municipalities to over EUR 4,000/sqm in the most sought-after Brussels municipalities.
Related terms
Property valuation
Professional estimate of a property's market value by an accredited expert.
Housing bubble
Excessive and unsustainable rise in property prices disconnected from economic fundamentals.
Supply and demand
Balance between the number of properties available for sale and the number of potential buyers.
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Key market indicator relating the selling price to the livable surface area.