Prices of existing owner-occupied dwellings sold in November 2012 were on average 6.8 percent lower than in November 2011. The price drop is less substantial than in the previous four months.
In the first nine months of 2012, the construction sector faced 6 percent turnover loss. The sector lost 15 percent of its turnover compared to record year 2008. Small building companies were least affected, medium-sized businesses suffered most on account of the economic downturn.
The present index series are generally based on 2005 = 100. To keep these index series up to date, a base shift is introduced every fives years. In 2013 the base year 2005 will be replaced by base year 2010 (2010 = 100).
Over 2 million Dutch dwellings had an energy label by the end of 2011. This is over a quarter more than at the end of 2009
Prices of existing owner-occupied dwellings sold in September 2012 were on average 7.9 percent lower than in September 2011. That is about the same price decrease as in July and August, when house prices fell by 8.0 percent relative to twelve months previously.
Prices of existing owner-occupied dwellings sold in August 2012 were on average 8.0 percent down from August 2011. Prices also plummeted 8.0 percent in July relative to twelve months previously.
Figures published today put the number of permits granted for the construction of new dwellings at nearly 17 thousand. This is 37 percent lower than in the same period last year.
The Dutch housing stock includes 7.2 million dwellings; 300 thousand houses (4.2 percent) were vacant on 1 January 2011. One in seven vacant houses (47 thousand) were less than or just over ten years old. The overall vacancy rate is 4.2 percent. Two thirds of rented houses which are vacant are owned by institutional investors and private landlords. The high vacancy rate is partly due to the relatively high rents private landlords charge to their tenants. Many rented houses built prior to 2000 are also vacant for a period of time during large-scale renovation projects.
Prices of existing owner-occupied dwellings sold in July 2012 were on average 8.0 percent down from July 2011. This is the most substantial price drop since the price index of existing residential property was first recorded in 1995.
The average WOZ house price was 232 thousand euro on 1 January 2012. This is more than 2 percent less than one year earlier. It is the second year in a row that the average WOZ value was down. It has now returned to the 2008 level.
Prices of existing owner-occupied dwellings sold in June 2012 were on average 4.4 percent down on June 2011. The drop in house prices is less substantial than in the preceding months.
More than one quarter (609 thousand) of rental homes owned by housing associations were occupied by households with annual incomes in excess of 33 thousand euro. Altogether, the housing association stock comprises 2.2 million houses.
Prices of existing owner-occupied dwellings sold in May 2012 were on average 5.5 percent down on May 2011. According to the price index of existing residential property – a joint publication by Statistics Netherlands and the Land Registry Office – the drop in house prices is more substantial than in the preceding months.
Last year, the construction sector faced a turnover loss of 16 percent. Small construction companies generated a turnover growth by 3 percent. Medium-sized and large building companies had to cope with loss of turnover. The sector residential and non-residential building faced difficult times and prospects are not too good either.
Prices of existing owner-occupied dwellings sold in April 2012 were on average 5.2 percent down on April 2011.
Prices of existing owner-occupied dwellings sold in March 2012 were on average 4.7 percent down on March 2011. According to the price index of existing residential property – a joint publication by Statistics Netherlands and the Land Registry Office – the price drop was more substantial than in the preceding month, when residential property prices were 3.4 percent down on one year previously.
On 1 January 2010, the Dutch housing stock included more than 7 million dwellings, of which 417 thousand (just under 6 percent) were vacant. These houses are officially registered as unoccupied.
Last year, 56 thousand building permits were issued for new residential units, i.e. 9 percent fewer than in 2010 and the lowest number since 1953.
Prices of existing owner-occupied dwellings sold in February 2012 were on average 3.4 percent down on February 2011.
Prices of existing owner-occupied houses sold in January 2012 were on average 3.3 percent down on January 2011.
Prices of existing owner-occupied houses were on average 4.0 percent lower in December 2011 than in December 2010.