Photo: DutchNews.nl
House prices continue to rise, increasing just over 20% in February compared with February a year ago, national statistics agency CBS said on Tuesday.
The increase is marginally down on that of January, when a 21.1% increase was recorded. That was the biggest rise since the CBS began keeping records in 1995.
House prices have been rising steadily since June 2013 when they hit a low during the financial crisis. Compared with that month, prices have risen by nearly 92%.
At the same time, the number of transactions continues to decline, due to the shortage of homes for sale. Just over 14,000 flats and houses changed hands in February, down 17% on February 2021, the CBS said.
Thank you for donating to DutchNews.nl
The DutchNews.nl team would like to thank all the generous readers who have made a donation.
DutchNews.nl has been free for 16 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.
