House prices drop 1.1% in November

House prices were down 1.1% in November compared with the previous year, the national statistics office CBS said on Tuesday.

House prices have now fallen for two years and average prices are 7% below August 2008, when they reached a record high.
Semi-detached houses fell the most in price, down 1.8%, the CBS said. The CBS did not give actual figures for average house prices.

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