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 yearHowever 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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