Decline in housing prices in many parts of the Netherlands stopped
The 1st quarter of 2014 * allows for the first time in three years, a slight price increase. House prices uk property prices are 1.2% higher than a year ago. Last quarter uk property prices there was a slight price decline of -0.8%. NVM chairman Ger Hukker: "Because prices in recent quarters fell less harsh, announced the end of the fall in price already. Price recovery has now been introduced but there are regional and at the different types of home big differences. "The number of home sales is for the third consecutive quarter in the elevator. NVM estate uk property prices agents sold in the 1st quarter of 2014 24 360 dwellings (estimated at 32,700 in the total market). That is a whopping 41.5% more than in the same quarter a year ago, but that quarter according Hukker "because of changed rules around mortgage lending the absolute low in number of homes sold. The increased consumer confidence, better economic prospects and low interest rates lead to attracting the housing market. "* uk property prices The latest quarterly figures issued by the NVM, are preliminary. Number of transactions in early 2014 remarkably well in 2013. The second half of the year showed a recovery in the number of home sales in 2014 put that recovery further. Never before in the past 5 years in the first quarter as many homes sold by NVM brokers: 24,360. In the overall market there are an estimated 32,700 homes were sold. The average uk property prices time to sell the property sold was 159 days. Compared to the 4th quarter of 2013 in the first quarter uk property prices 8.1% fewer homes sold. "Due to the seasonal trend, the number of homes sold in the first quarter of the year, almost always the least quarterly, with the last 20 years, measured an average decrease in sales of approximately 10% compared to the fourth quarter last year. The 8.1% drop in now shows that this has been a good start to the year, "the NVM chairman. The recovery in housing sales, which by the end of 2013 all NVM was delivered late in the chart below are best seen. The number of transactions on an annual basis at NVM brokers is currently uk property prices out on 94 051. The total market is estimated at 126,000 homes sold. Price decline in many regions in order after a period of more than three years, the fall in prices in much of the region's end. Hukker "There is this quarter has been a slight increase in transaction price compared to a year earlier. This supports the idea that the recovery now continues with caution. "The price of the average house sold in the 1st quarter amounted to 209,000 euros. The price development of homes sold amounts to an increase of 1.2%. What is striking is the leveling of prices. This reduces the prices of detached houses still (-1%) and Two Hairdressers stay with a price trend of exactly 0% somewhat behind. The popular starter homes as the intermediate housing (0.5%), corner houses (2.2%) and apartments (2.9%), uk property prices however, rise again in price. The apartment is the property type that in recent years the least hard in price has dropped and let now again clearly see price recovery. A detached house is sold for an average of 334,000 euros, an apartment for 164,000 euros. Supply of homes for sale falls through more sales and steady influx of new supply compared with a year earlier are now 8.1% fewer homes on offer. The supply drop is becoming increasingly stronger. Halfway through the 1st quarter 2014 (the record date for the offer) were 155 568 properties for sale in NVM brokers. In the existing overall housing market than is estimated at 209,000 uk property prices dwellings in supply. Particularly the decline in house (12.0%) and corner houses uk property prices (11.8%) is higher than average. The decline in demand among apartments by 9.3% in a year similar to the average. Theoretically, it takes one year and eight months to sell the current housing supply (assuming uk property prices that there would be no new supply to come and sell the numbers remain at the current level). At the height of the market, this was 2 years and almost 2 months. Hukker: "It is especially the upsurge in the number of transactions that is responsible for the declining housing. The fact that the new influx has not returned to old levels plays a role, but that is smaller. "Asking for sale property decreases compared with a year earlier, the price of the offer declined 2.3%. "The strongest drop in asking prices seems to be over, to also appear for most housing types bottomed achieved
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