House prices fell 2.5% in May

House prices in the Netherlands fell by an average of 2.5% in May, the fourth monthly price drop in a row, the national statistics office CBS reported on Monday.

All types of housing were hit by the decline but apartments were hardest hit, with a reduction of 2.9%. All areas of the country were affected but the biggest fall in house prices (5.2%) was recorded in the northern province of Groningen.
House sales were down 25% year on year, but slightly up on April, the CBS said.
See also
House sale slump hits notaries

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