(RTTNews) - Dutch house prices fell 4.4% year-on-year in July, a joint publication by Statistics Netherlands and the Land Registry Office showed Friday. Compared to June, house prices remained stable.

All types of existing homes were cheaper than in July, the statistical office said. Prices of detached houses dropped most dramatically, by 5.7%. The smallest decrease was recorded for terraced houses, 3.6% decline.

House sales dropped 25% year-on-year in July. Sales declined considerably for all types of houses and in all provinces. However, compared to June 2009, total number of sales increased by more than 33%.

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