Houses nearly 10 percent cheaper in June than one year ago

22/07/2013 09:30

Prices of existing owner-occupied dwellings were on average 9.6 percent lower in June 2013 than in June 2012. The price drop is more substantial than in the preceding month when house prices fell by 8.2 percent. The index – a joint publication by Statistics Netherlands and the Land Registry Office – reflects price changes of existing owner-occupied dwellings in the Netherlands.

Prices of existing own homes

Prices of existing own homes

Prices of existing owner-occupied dwellings were at the same level in June 2013 as at the end of 2002. They were 21.0 percent lower than in August 2008, when house prices reached a record high. 

In the first six months of this years, a total of 45,201 house sales were registered, i.e. 22.8 percent below the level of the first six months of 2012.

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.

For more information on economic indicators, see the Economic Monitor.