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Estate agents see a further 5-7% drop in house prices

Thursday 10 January 2013

House prices will fall a further 5% to 7% this year, following a drop of 6.7% in 2012, the real estate agents' association NVM said on Thursday.

House sales in the final quarter of last year shot up nearly 32% as buyers raced to beat the deadline for new mortgage rules, the NVM said.

The average price paid for a house last year was €207,000, down almost 16% since the start of the financial crisis in 2008.

Earlier stories
House prices have fallen sharply since spring budget agreement
Hopeful home buyers rush to beat mortgage deadline

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Readers' comments (4)

The estate agents say? They are doing so badly they want the prices to drop so they can stay in business. In reality, prices haven't dropped anything like...
20%? now 16%? who is correct? Defo not the estate agents, thats for sure.

By LOL | January 10, 2013 6:29 PM

The financial times suggests this is now the perfect time to buy in Amsterdam. Wake up Dutchies before you are priced out of this city! Its a time for optimism as growth is just round the corner.

By Expatio | January 11, 2013 4:56 PM

With 2300 eyros/month i cant even buy a room in Amsterdam:):)

By kos | January 13, 2013 11:09 AM

Expatio, You just bought something and you are afraid of losing a lot because of the market going doing... and with that comment you are trying to convince people to go back to buy at mad prices. Good luck!

By Nicolas | January 14, 2013 12:09 PM

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