House prices drop less rapidly

20/07/2012 09:30

Prices of existing owner-occupied dwellings sold in June 2012 were on average 4.4 percent down on June 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 less substantial than in the preceding months. The index reflects price changes of existing owner-occupied dwellings in the Netherlands sold to private individuals.

Prices of existing own homes

Prices of existing own homes 
Prices of existing owner-occupied dwellings sold in June 2012 were 12 percent down on August 2008, when house prices reached a record high.

The total number of house sales over the first half of 2012 approximated 59 thousand, i.e. 1 percent up from the same period last year. 

Price index of existing own homes

Price index of existing own homes 
More figures can be found on the theme page Prices.

For an interactive illustration of regional developments in house prices and transactions, see the Dutch housing market on the map.