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.: Central Bank Reports :.

Property Prices in Malta

These documents contain excerpts about property prices in Malta, mdina and valletta obtained from the Central Bank Annual Reports issued between 1998 and 2009. Excerpts taken from the Central Bank Annual Reports: http://www.centralbankmalta.com/site/publications2.asp

To view a particular document click on one of the 'View Report' links below. You are also able to download the respective documents by right-clicking on one of the 'Download Report' links and selecting 'Save Target As...'

View Report:           [2009]  [2008]  [2007]  [2006]  [2005]  [2004 - 2001]  [2000 - 1998]
Download Report:   [2009]  [2008]  [2007]  [2006]  [2005]  [2004 - 2001]  [2000 - 1998]

2008 Report

Residential Property Prices
Following the deceleration observed in recent years, the Bank's index of advertised residential property prices indicated an average decline of 2.7% during 2008 (see Chart 3.6).

Chart 3.6: Residential Property Prices

Disaggregated results show that the fall was spread across various property types. Asked prices for flats in shell form and in finished form, which together make up over half of the sample, were down by 2.0% and 5.4%, respectively, while those for villas and terraced houses declined by 3.7% and 1.8%.

On the other hand, higher prices were asked for two other categories. Prices of maisonettes in shell form were up by 2.6%, while those of town houses, which account for 5.4% of sampled properties and display a high degree of volatility, increased by 10.4%. Meanwhile, prices of finished maisonettes and houses of character remained roughly unchanged from 2007.

.: SIMON Estates (Naxxar) Ltd :.
159, Il-Gebla, Labour Avenue, Naxxar. Malta
223, Republic Street, Valletta. Malta
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