Wednesday, January 21, 2015

House prices rose for the first time – AD.nl

House prices rose for the first time – AD.nl

Produced by the editors
21-1-15 – 11:29 Source: Reuters
A passer-by looks at the properties of Realty Van Daal in Delft. © ANP.

House prices fall for the first time since the crisis, higher year on year. Prices rose last year by an average of 0.9 percent increase compared to 2013. This makes the Central Bureau of Statistics (CBS) announced based on figures from the Land Registry.



In December, apartments 2 percent higher compared to the same month of 2013. Compared to August 2008, when housing prices peaked, it is prices are still 19 percent lower. Compared to the valley in June 2013 prices are 3.1 percent higher.

The Land Registry made two days ago already known that there are 25 265 homes sold in December, an increase of 63.4 percent compared to same month a year earlier.

Throughout 2014, 153 511 homes changed owners. That equates to a sales jump of 39.4 percent.

Difference
Makelaarsvereniging NVM made known earlier that house prices last year rose by 3.5 percent to an average of 215.000 euros. The difference between the NVM data and those of the Land Registry is mainly that the latter transactions only record at the time the deed at the notary has been processed. NVM registers the sale usually a few months earlier in the deed.

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