Prices of owner-occupied houses, excluding new construction, were on average 2.1 percent higher in January 2015 than in January 2014. Year-on-year house prices have been higher than one year previously for ten months now, according to the price index of owner-occupied houses – a joint publication by Statistics Netherlands (CBS) and the Land Registry Office.
Prices 3.6 percent up from dip in June 2013
The average price level of owner-occupied houses is approximately the same as in mid-2003. In June 2013, Dutch house prices reached a low. Since then the trend has been slightly positive. House prices were 3.6 percent higher in January 2015 than in June 2013, but they were 18.6 percent below the record level reached in August 2008.
House sales up
According to figures released by the Dutch Land Registry Office last Tuesday, 9,437 homes were sold in January, an increase by 6 percent from January 2014.
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.