Dutch housing process continue to rise

12th January 2007, Comments 0 comments

12 January 2007, AMSTERDAM — Dutch housing prices are continuing to rise and sales volumes are reaching record heights, the real estate agents association NVM said on Thursday.

12 January 2007

AMSTERDAM — Dutch housing prices are continuing to rise and sales volumes are reaching record heights, the real estate agents association NVM said on Thursday.

NVM reported said the average selling price of a home increased by 1.1 percent in the fourth quarter of 2006 compared with Q3.

Over the full year, the average price went up by 3.7 percent and the average selling price is now EUR 241,000.

The number of house sales climbed nearly 3 percent in 2006 compared with 2005, news service NIS reported.

Citing a small increase in interest rates and forecast economic growth of 3 percent, the NVM predicts a 5 percent increase in average housing prices in 2007.

[Copyright Expatica News + ANP 2006]

Subject: Dutch news

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