Thursday, June 18, 2009

House prices come down in the Eurozone

House prices come down in Europe

According to the European Central Bank (ECB):
House prices in the Netherlands have gone down just 0.3% in the first three months of this year
However according to the Dutch Realtor Association NVM prices fell by 3.1 percent in the same period. The ECB further stated that:
national figures and its own calculations showed prices were falling year-on-year in at least six of the 16 nations sharing the common currency and worse was to come.

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