Dutch house prices up for the fourth month in a row

Prices of owner-occupied homes, excluding new constructions, were on average 1.9 percent higher in July 2014 than in July 2013. This was the fourth month in a row with increasing year-on-year prices. The price index of owner-occupied houses, excluding new constructions – a joint publication by the Statistics Netherlands (CBS) and the Land Registry Office – reflects price changes of residential property in the Netherlands.

Prices of existing owner-occupied dwellings

Prices of existing owner-occupied dwellings

Prices more than 3 percent above the low price level in June 2013

The average price level of owner-occupied houses, excluding new constructions, is at approximately the same level as in May 2003. Prices were 19.1 percent below the record level registered in August 2008, but prices were 3.1 percent higher than in June 2013.

Price index of existing owner-occupied dwellings

Price index of existing owner-occupied dwellings

House sales continue to rise

Last Monday, the Land Registry Office reported that 13,833 were sold in July, an increase by 43.7 percent relative to July 2013. In the first seven months of this year, 76,920 homes were sold, an increase by more than 40 percent relative to the same period last year.

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.