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Home prices down 4.4% in April

The price for an average house fell in April compared to a year ago, Statistics Netherlands (CBS) reported. According to the statistics office, there has been a downward trend since August 2022. The decrease was stronger last month than in March. An existing home cost 401,000 euros on average in April, 4.4 percent less than in April last year. In March, prices fell by 2.3 percent on an annual basis. The transaction price was still well above the lowest point in the housing market in June 2013. Buyers paid 87 percent more for a home in April than at that time. ....

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