Netherlands

The Wox ® Quarterly Q3 2011

Housing and mortgage market developments in the Netherlands for the third quarter of 2011

The average Dutch home price increased to 252,000 Euro during the third quarter of 2011. The year-on-year house price change is +0.1% in the third quarter. Compared to the second quarter, the average Dutch house prices increased by +0.3%. The yearly price change corrected for inflation dropped by -2.5% in the third quarter of 2011. The current value of the WOX index (Q2 1995 = 100) is 261. Based on the current developments in the Dutch housing market, Calcasa predicts a year-on-year price change of -0.9% for the fourth quarter of 2011 and year-on-year price change of -4.3% for the third quarter next year.

Author(s):

Source: Calcasa

Published: 11.11.2011