Sunday, April 26, 2015

The 1st quarter of 2014 shows for the first time in three years, a slight price increase. House pri


The 1st quarter of 2014 shows for the first time in three years, a slight price increase. House prices are 1.2% higher than a year ago. Last quarter house market 2013 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 various house types vary widely. Number house market 2013 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 house market 2013 as many homes sold by NVM brokers: 24,360. In the overall market there are an estimated 32,700 house market 2013 homes were sold. The average time to sell the property sold was 159 days.
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%), 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 dwellings in supply. Particularly the decline in house (12.0%) and corner houses (11.8%) is higher than average. The decline in demand among apartments by 9.3% in a year similar to the average. house market 2013 Theoretically, it takes one year and eight months to sell the current housing supply (assuming 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. house market 2013
Asking for sale house falls, prices of apartments (-2.7%) and detached houses (-2.6%) is the strongest of corner houses (-1.2%) the least strong. The asking price of the average home sale is halfway house market 2013 through the 1st quarter of 2014 272,000 euros. The asking price of the average apartment house market 2013 is 175,000 euros, while the price of the average detached house is 435,000 euros.
Not everyone benefits from recovery housing The revival of the housing market conceals the fact that a large part of the housing market is still in the slump. 54 percent of the housing is already a year or more in demand, 1 in 6 houses the offer three years or longer. "When you analyze those group homes, then sit comparatively many detached houses as many expensive homes and many homes in the rural areas. In it you can see the migration of rural to urban clearly back, "said Hukker. Also notable shows the overrepresentation of homes built after 1990 in the offer for 3 years or longer for sale. Hukker "The long-term supply worries me. The question is whether these homes, even in this recovering market, go find a buyer. "Research also shows that homes that have long been in the range usually have an asking price that is well above the market value. "Often sellers remaining debt problem does not go with the lower price. Without lowering their asking price, they will not quickly find a buyer, "says Hukker.
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