Dutch house prices up again

22/09/2014 09:30

Prices of owner-occupied homes, excluding new constructions, were on average 1.7 percent higher in August 2014 than in August 2013. This was the fifth 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 percent below the record level registered in August 2008, but prices were 3.1 percent higher than in June 2013.

House sales continue to rise

Last Wednesday, the Land Registry Office reported that 12,328 homes were sold in August, an increase of almost 24 percent relative to August 2013. In the first eight months of this year, 89,248 homes were sold, an increase by more than almost 38 percent relative to the same period last year.

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.