House prices rise in every Dutch town and village in Q2

Photo: Dutch News

House prices in the Netherlands continue to rise and the upward trend is now having an impact on every local authority area in the country, according to national statistics agency CBS.

Top of the list is Albrandswaard near Rotterdam, where house prices are now almost 22% higher than a year ago, the CBS said in a second-quarter update.

But even in places long at the bottom of the list, such as Hattem in Gelderland and Reusel-De Mierden in Noord-Brabant, prices have increased by a fraction.

“Prices have gone up so much nationally that every council area is affected,” CBS chief economist Peter Hein van Mulligen told broadcaster NOS. “The national annual increase is around 10% and that is down to low interest rates and the fact people have a lot of savings.”

In the first quarter, prices fell in a couple of places, such as Vught and the Wadden Sea island of Texel.

“The council areas where prices are rising the most and the least are very diverse,” Van Mulligen said. “There are no big cities in the list where prices have gone up most or least.”

The figures have been calculated according to a new method offering 95% reliability, the CBS said.

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