NVM: House prices rise by almost four percent – AD.nl

NVM: House prices rise by almost four percent – AD.nl

By: editors
9-10-14 – 11:14 Source: AD / Priscilla Decathlon, ANP To illustrate © anp.

Infographic House prices in the third quarter rose 3.9 percent compared with the same period last year. According to figures from the Dutch Association of Estate Agents (NVM), the largest real estate organization in the Netherlands.

Late last year, the housing market began to recover. This recovery also continued in the third quarter of 2014, but less rapidly than in the first half of 2014 NVM brokers sold during the quarter 29,015 homes, about the same as the previous quarter. In the overall market estimated 39,000 homes were sold.

The number of transactions late compared to last year show. Still recovery Compared to a year earlier, there was an increase of 28.9 percent. So far in 2014, each quarter showed an increase of tens of percents of the number of transactions compared to the same quarter in 2013, the home sales are a structurally higher level, according to the NVM.

Prices stabilizing
The price trend remained slightly behind. The prices of homes sold fell 0.3 percent from the second quarter. Over the past three quarters, the price still light. “The prices stabilize, despite the slight decline in the third quarter. But in the meantime, the average selling price or nearly 4 percent higher than a year ago, “stated NVM chairman Ger Hukker. In Bunnink, Zeist and Throw It was at that stage the most paid for a house: the average transaction price was almost three tons.

This line graph shows the development of house prices since 2008:

Large cities continue to attract
But as was the case in previous quarters, the recovery is not across the board. This applies (detached houses, for example, is still difficult sold) for both housing types, but especially for its geographical location. “We notice that attract mainly the large cities and the rural areas sometimes far behind,” says Hukker.

From the big cities of Utrecht is the biggest ‘winner’: here prices rose by nine percent. In Zeeland house prices during the quarter rose by as much as 23% compared to last year, the biggest price rise in the Netherlands. The head of North Holland, where Den Helder is the largest city, is still struggling with falling house prices, as well as thirteen other regions. How prices develop in your area, you can see on the map.