In the third quarter of 2020, new-build homes were on average 10 percent more expensive than in the same period a year earlier.

That is the largest increase in more than a year, according to figures from the Central Bureau of Statistics and the Land Registry on Monday.

The price of existing owner-occupied homes rose slightly less rapidly in the third quarter, by 8.1 percent.

In total, 7,087 new-build homes were sold in the third quarter, 21.8 percent more than in the same quarter of 2019. Also in the first two quarters of 2020, more new-build homes were sold than in the first two quarters of 2019.

Although more existing owner-occupied homes were sold in absolute terms, the growth in the number of new-build homes sold was stronger than the growth in the sale of existing homes.

House prices in the Netherlands rose faster in the third quarter than the average in Europe.

In that quarter, house prices in Europe were on average 5.2 percent higher than in the same quarter a year earlier, while prices of new and existing construction rose together by 8.3 percent.

In Luxembourg, prices rose the fastest, at 13.6 percent, and only in Cyprus and Ireland did house prices fall.