House prices rising again

House for sale
Photo credit: Studio040

House prices in Eindhoven and surrounding municipalities increased further in the third quarter, according to figures from the NVM. The tightness on the housing market also increased.

The average sales price in Southeast Brabant increased by 0.8 per cent in one year to 452,000 euros per sale. The asking price increased considerably by 4.4 percent: an average of 562,000 euros per home.

The number of sales in the region also increased by two per cent. The number of homes for sale in the region has decreased by 8 per cent.

In Eindhoven specifically, there are 17 per cent fewer homes for sale than a year earlier. Eleven per cent more homes were sold compared to the third quarter of last year. Due to these developments, the housing market, both in Eindhoven and region-wide, is even tighter than a year ago.

Sales prices

In Eindhoven, the average sales price rose by 4 per cent and region-wide the price of a home rose by 0.7 percent. The house price rose in Waalre (1.2 percent), Veldhoven (0.6 percent), Son en Breugel (5.1 percent) and Geldrop-Mierlo (4.9 percent). The average house price fell in Best (-2.9 percent), Nuenen (-1.5 percent) and Valkenswaard (-0.6 percent).

 

Source: Studio040

For Eindhoven News: Lila Mehrez

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