Friday, February 1, 2013

Netherlands House Prices down 6.3% for 2012

From Statistics Netherlands

House prices more than 6 percent down from twelve months previously
Prices of existing owner-occupied dwellings sold in December 2012 were on average 6.3 percent lower than in December 2011. The price drop relative to one year previously is again less substantial than in the preceding month. On average, house prices were 5.9 percent lower in 2012 than in 2011. 

Global Property Guide Netherlands
Mortgage market liberalization has also brought new competition. Since 1995, 90% of new mortgages have been not repayable till loan maturity, while 30% do not have to be repaid at all (“interest-only”).

Charts from Global Property Guide

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