Dutch property sales to jump a third

Dutch property sales are forecast to jump a third, according to the country's real estate body.

Transactions in the third quarter of 2014 totalled 29,000, equal to the previous quarter, bucking the seasonal trend that usually Sees deals slow down.

Dutch rela estate body the NVM forecasts that sales volumes will continue their strong performance during the rest of the year, with sales volumes for the whole of 2014 set to rise by one third, with prices also rising by 3 to 4 per cent.

The growth is uneven across the country, with prices up by potentially 10 per cent in Amsterdam, Utrecht, Leiden and Haarlem, but lower in rural areas.

NVM Chairman, Ger Hukker, tells OPP: "These are good figures, especially if you take account of the fact that performance in the third quarter is always less than in the second quarter, because of the summer holidays.”