The prices of existing owner-occupied homes showed the strongest increase in twenty years in June. They were 14.6 percent higher last month than a year earlier. The last time prices rose so sharply in December 2000, according to figures published by Statistics Netherlands (CBS) and the Land Registry. Thursday published.
Average an owner-occupied home cost 373,384 euros last month. That is not a record: in March the average sales price exceeded four tons for the first time.
The number of people who bought a new home in June remained stable compared to a year earlier. There were almost 18,000 homes that changed hands. That number was comparable in April and May. In the first half of 2021, there were almost 120,000 residential transactions – that number was 12 percent higher than in the same half of 2020.
House prices have been rising since June 2013, after the value of owner-occupied homes hit a low after the economic crisis of 2008. Compared to prices during that low, house prices were 70 percent higher in June this year.
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