Buying house almost 8% more expensive in July

Buying house almost 8% more expensive in July

World August 21, 2017 07:36

the hague - Buying houses were 7.6 percent higher in July than one year earlier.

This increase is less significant than in May and June when the price increase was 7.8 and 8 percent respectively, according to figures from the Statistics Netherlands (CBS) and the Kadaster. House prices have risen since June 2013.

House prices are still more than 6 percent lower than at the highest level in August 2008. In June 2013, a drop was reached and since then prices rose by 19.5 percent on average. This means that prices are now about the same level as in January 2007.

Last week, the Kadaster announced that there were sold 979 homes in July. The number of homes sold in the first seven months of 2017 is almost a fifth higher than in the first seven months of last year.

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