
Excluding subsidised housing, resales were up 19%, and new home sales up 10.8%. The average price of property sold in June was 1,358 €/m2, up 1.4% in a year.

The chart above shows how sales and prices compare to June 2007 at the peak of the real estate boom. Sales are still 40% below their peak (left chart), and prices 30% below (right chart).