The forecasted household consumption of housing as a percentage of net disposable income in Belgium is projected to steadily increase from 18.24% in 2024 to 18.71% in 2028. The 2023 baseline data was not provided, but given the consistent year-on-year growth, it suggests a stable upward trend. The year-on-year percentage change from 2024 to 2028 is approximately 0.66%, indicating gradual yet consistent growth. The last five years’ CAGR highlights the average annual growth trend, emphasizing an ongoing incremental rise in household housing expenditure.
Future trends to watch for include:
- Inflation impacts on housing costs
- Government housing policies and incentives
- Changes in household income levels
- Affordable housing initiatives
