There were fewer houses bought in the Province, according to numbers from the third quarter of 2019 provided by the NVM
Translated by Thomas Ansell
As reported in the Omrop Fryslân, there were around 11% fewer houses sold compared to the same period last year. The average sale price of houses has also grown very slightly, by 1%. The average cost of a property in Freisland is now 233,000 Euros, whilst across the Netherlands it is 313,000 Euros. According to the NVM, the tightness in the market is a symptom of low mortgage rates, and there is also more interest in expensive homes, at the moment.
The figures show that between April and June 2019, there were 1,455 housing transactions- compared to just 1,248 in the period July to September 2019: a fall of 14 percent. The July to September figure is also 11% lower than the same period last year.
Prices are also slowly rising, between April and June there was a small fall in prices in Friesland- reflected across the country- but the most recent figures show a modest 1% rise. This, however, is still 6% more than in the same period of 2018.
A record has been set by the number of properties that were purchased over the asking price: in Friesland this figure sat at 21.5%, the highest ever. In the Netherlands as a whole this has risen to 40 percent.