‘The Malta Property Landscape: a true picture’ brings together Dhalia’s high-quality data on the real estate market and the analytical expertise of Grant Thornton Malta.
Timely information on developments in the Maltese property market based on in-depth analysis is needed by policymakers, businesses and people investing in property to make informed choices.
Reliable data is currently either unavailable or limited in its consideration of important factors that drive house prices, or available with a significant delay. With the introduction of this bi-annual publication we aim to fill this gap.
The house price indices are developed using Dhalia’s database, which consists of more than 65,000 property transactions, covering all locations in Malta and Gozo over several years. However, it is not the large number of property transactions that makes the database unique. Rather it is the quality of the data and the way in which it has been organised to enable rigorous analysis of what is happening in the property market.
Every day, new data is carefully compiled by individual real estate agents and then organised to enable the development of indices that go beyond the simple comparison of the price of a three-bedroom apartment, with that of another in the same location that was sold some time earlier.
As no property is like any other, comparisons require careful consideration of similarities and differences in properties’ characteristics; and these differences matter for policy, business, and investment decisions.
It is for this purpose that the two firms developed ‘The Malta Property Landscape: a true picture’. It includes, among others, insights on several aspects of the real estate market, such as the return on investment in property, its valuation and affordability, selling and rental price changes.
What does the report cover?
- Selling House Price Index
- Rental House Price Index
- Housing market outlook
- Affordability and rental yields
- The difference with other indices
- Methodology
Some statistics highlighted in the report:
- "In 2022, the Rental Price Index experienced a nine per cent growth over 2021, similar to pre-COVID."
- "Between July and September 2022, the Selling House Price Index showed a 4.9 per cent decline. However, based on more recent data, we expect the index to be at the same level as 2021 by the end of the year."
- "Between January and September 2022, the value of the residential final deeds increased by three per cent over the comparable period in the previous year to amount to €2.4 billion.”
Click here to download 'The Malta Property Landscape – Update on June 2022 Edition'.
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