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Owner-occupied homes in May 18.8 percent more expensive

the Hague

Existing owner-occupied homes were 18.8 percent more expensive in May than one year previously. In April, the price increase was 19.7 percent. This is apparent from research into the price development of existing private owner-occupied homes in the Netherlands by Statistics Netherlands and the Land Registry.

Rising trend prices for owner-occupied homes

In June 2013, the prices of owner-occupied homes reached a low point. Since then there has been an upward trend. Compared to the trough in June 2013, prices in May were more than 98 percent higher.

Fewer transactions for existing owner-occupied homes in May

The Land Registry announced that it registered 15,749 residential transactions in May. That is more than 2 percent less than a year earlier. In the first five months of this year, 75,644 homes were sold, almost 26 percent less than in the same period of 2021.

Owner-occupied homes in May 18.8 percent more expensive
Source link Owner-occupied homes in May 18.8 percent more expensive

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