Dutch house price rises accelerating!
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House prices are rising at an accelerating pace in the Netherlands, mainly due to strong demand, coupled with lack of adequate housing supply in the market.
In Amsterdam, the price of existing homes surged by 17.2% (15.5% inflation-adjusted) during the year to Q1 2017, to an average of €394,931 (US$452,879).Nationally, the average house price rose by 8.75% (7.11% inflation-adjusted) to €257,002 (US$294,712), according to Statistics Netherlands (CBS), and by 4.08% (3.79% inflation-adjusted) during the latest quarter.
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