House prices up 4 percent

21/04/2008 15:00

In March, prices of existing owner-occupied dwellings were on average 4.0 percent higher than twelve months previously. In February, prices increased by 4.5 percent. The annual price rise in March equalled the increase in January.

Prices were up for of all types of homes. Flat prices rose by most: 5.4 percent. The increase was smallest for terraced houses and corner houses, but still considerable at 3.3 percent.

House prices were higher than one year previously in all Dutch provinces, with the exception of Flevoland. Just as in previous months, the price increases were largest in Noord-Holland. In March house prices were 7.1 percent higher in this province.

Prices were 0.1 percent higher in March than in February. In the provinces of Drenthe, Overijssel, Zuid-Holland, Noord-Brabant and Limburg selling prices were higher than in the preceding month. In the rest of the country prices fell by amounts varying from 0.1 percent in Groningen to 1,9 percent in Flevoland.

In March, 13,7 thousand homes changed hands on the owner-occupier market, 21 percent fewer than twelve months previously. Sales of all types of one-family homes were down. The number of flats and apartments sold was 7 percent higher on the other hand.

From January 2008, in collaboration with the official Dutch land registry (Kadaster), Statistics Netherlands (CBS) publishes purchase prices of owner-occupied dwellings. The price index of owner-occupied dwellings measures the purchase prices of existing owner-occupied dwellings in the Netherlands sold to private persons.

 Prices of owner-occupied dwellings

 Prices of owner-occupied dwellings