Year-on-year house prices 5.9 percent up in September

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Prices of owner-occupied houses (excluding new constructions) were on average 5.9 percent higher in September 2016 than in September 2015. The price rise was a bit smaller than in August when house prices reached the highest level in 14 years. Residential property prices have risen since June 2013, as the price index of owner-occupied houses, a joint publication by Statistics Netherlands (CBS) and the Land Registry Office (Kadaster) shows.

Prices 12.9 percent up from dip in June 2013

House prices reached a record high in August 2008. Subsequently, they fell to a low in June 2013. Since then, the trend has been upward. House prices are 11.4 percent below the record level of August 2008 and 12.9 percent higher than during the price dip in June 2013. The average price level of owner-occupied houses in September 2016 is about the same as in July 2005.

House sales further up

According to figures released last Monday by the Dutch Land Registry Office, 21,009 residential property units were sold in September. During the first nine months of this year 153, 919 houses were sold, an increase by 22.3 percent relative to the first nine months of 2015.

Today, CBS also publishes more detailed information about the housing market broken down by region and type of dwelling and about the flower infographic.