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Belgium

Reference metadata describe statistical concepts and methodologies used for the collection and generation of data. They provide information on data quality and, since they are strongly content-oriented, assist users in interpreting the data. Reference metadata, unlike structural metadata, can be decoupled from the data.

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Owner occupied housing price index (prc_hpi_oo)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statistics Belgium (A division of the Federal Public Service Economy, SMEs, Self-employed and Energy)

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The Owner-Occupied Housing Price Index (OOHPI) is based on the ‘net acquisitions’ approach, which measures changes in prices paid by households for the acquisition of dwellings that are new to the household sector and changes in other costs related to the ownership, and transfer of ownership, of dwellings.

5 November 2025

The main statistical variables are price indices.

The basic unit of statistical observation are transaction prices of dwellings new to the household sector and of other products that the households acquire in their role as owner-occupiers.

The target population is the set of dwellings occupied by their owners (owner occupied dwellings).

Prices are collected over the whole territory of Belgium.

OOHPI is a quarterly statistics.

For additional costs related to the acquisition of existing dwellings, indices are based on administrative data sources which cover the whole universe and thus the accuracy is guaranteed by default. 

However, the land registry data for newly built dwellings do not cover the whole universe because characteristics are often incomplete or available in a timely manner. Therefore, the transactions for dwellings build in the last 5 years are used as a proxy for the index of newly built dwellings for the most recent quarter.

The output price index for construction of residential dwellings is used as a proxy for the self-build dwellings and major renovations, there the accuracy is guaranteed by observing prices of a great number of diverse products. The accuracy cannot be quantified however due to the use of non-probability sampling and complexity of price index structures. However accuracy on the overall output price index level is higher than on a disaggregated level. The main sources of error are: 

  • Errors in the sample of data suppliers,
  • Errors in the choice of products in the sample and the estimate of quality adjustment in case of replacements,
  • Errors during price collection,
  • Errors in determining the out price index weights,
  • Non response.

The following units are used:

  • Index point;
  • Percentage change on the same period of the previous year (rates);
  • Percentage change on the previous period (rates);
  • Percentage share of the total (weights).

  See below.

 See below.

Quarterly (OOHPI) and annually (weights).

Data are sent within the delays prescribed by Regulation (EU) 2016/792 (t+85 days after the end of the reference period for the indices). No national publication takes place.

The OOH indices are only compiled at the country level. Regional indices are not available. However, OOH indices are developed in the OOH framework elaborated at the European level and are therefore comparable across European countries.

OOH indices are comparable over time.