The average cost of a new home nears €400,000, rising 16% in a year
The average price of a new home in the Netherlands has now almost hit €400,000, after rising 16% over the past year, the national statistics agency CBS said on Wednesday.
The price of a newly-built home has been rising faster than existing properties for two years now, due in part to the cost of building land. The shortage of builders is also having an impact.
The average cost of an older property went up 7.2% over the year to over €300,000.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation