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New-build own homes over 11 percent up in price
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In Q4 2018, prices of new-build homes were 11.3 percent up year-on-year. Existing homes went up in price by 9.0 percent. This resulted in an average price increase in owner-occupied homes of 9.3 percent.
Prices of new dwellings rising faster only in the Czech RepublicWithin the European Union, a higher year-on-year increase in prices of new-build dwellings than in the Netherlands was only seen in the Czech Republic. The Netherlands still had the highest price rise in new-build homes around Europe in the previous quarter (Q3 2018).
Changes in owner-occupied house prices in the Netherlands combined are published in the house price index (HPI), which shows that Q4 prices were on average 9.3 percent up year-on-year. This indicates that prices of owner-occupied houses in the Netherlands increase over twice as fast as the European average. Only in Slovenia, Latvia and the Czech Republic were price increases even higher.
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