House prices in December 3.7 percent down from one year previously

21/01/2014 09:30

Prices of existing owner-occupied dwellings were on average 3.7 percent lower in December 2013 than in December 2012. The price drop relative to one year previously is less substantial than in in November, when residential property prices fell by 4.7 percent. Although prices of existing owner-occupied homes were still below the level of the same month last year, the price level has remained fairly stable over the past six months. The price index of existing residential property – 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 owner-occupied dwellings

Prices of existing owner-occupied dwellings

In December 2013, prices of existing owner-occupied dwellings were at the same level as at the beginning of 2003. They were 20.1 percent below the record level registered in August 2008.  In 2013, a total of 110,094 homes were sold, a reduction by 6.1 percent relative to 2012.

Price index of existing owner-occupied dwellings

Price index of existing owner-occupied dwellings

More figures can be found on the theme page Prices.

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

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