Dutch house prices nearly 4 percent up from one year previously

 12/28/2015   Sandra    Housing

Prices of owner-occupied houses (excluding new constructions) were on average 3.8 percent higher in November 2015 than in November 2014. This is the most substantial year-on-year price increase in 7.5 years. Since June 2013, prices of owner-occupied houses have inched up, according to the price index of owner-occupied houses, a joint publication by Statistics Netherlands (CBS) and the Land Registry Office.

House prices 6.8 percent up from dip in June 2013 In November 2015, the average price level of owner-occupied houses was approximately the same as in April 2004. Dutch house prices dipped to a low in June 2013, but since then, residential property prices have risen modestly. House prices were 6.8 percent higher in November 2015 than in June 2013, but they were 16.1 percent below the record level reached in August 2008.