Economics
Dutch Home Prices Jump Again
Plant pots and flowers line the street outside residential property in Maarsen, Netherlands.
Photographer: Jasper Juinen/Bloomberg
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Dutch home prices jumped in the third quarter as a shortage of properties enabled the market to shrug off an economic contraction.
The median-weighted transaction price climbed 11.6% on an annual basis to 354,000 euros ($416,000), realtors association NVM reported on Thursday. In Amsterdam, the country’s biggest city, there was an 8% increase.