Bloomberg News

Dutch Average House Prices Falls 1.1 Percent From Year Earlier

October 06, 2011

Oct. 6 (Bloomberg) -- Dutch average house prices fell 1.1 percent in the third quarter from a year earlier, Dutch realtors association NVM said today in a statement on its website.

NVM said third-quarter house sales rose 4 percent from the same period a year earlier. NVM had forecast an increase of 10 percent after the government cut a transaction tax to 2 percent from 6 percent.

To contact the editor responsible for this story: Fred Pals at fpals@bloomberg.net


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