House prices 7.4 percent higher

Prices of owner-occupied houses (excluding new constructions) were on average 7.4 percent higher in April 2017 than in April last year. This is the most substantial price increase since April 2002. Residential property prices have risen since June 2013, according to the price index of owner-occupied houses, a joint publication by Statistics Netherlands (CBS) and the Land Registry Office.

 

Prices 16.7 percent up from dip in June 2013

In August 2008 house prices reached a record. Subsequently, they fell to a low in June 2013. Since then, the trend has been upward. House prices are currently 8.3 percent below the record level of August 2008 and 16.7 percent higher than during the price dip in June 2013. The average price level of owner-occupied houses in April 2017 was about the same as in the spring of 2006.

Number of house sales continues to grow

According to figures released by the Dutch Land Registry Office last Wednesday 16,694 owner-occupied houses were sold in April. The number of houses sold in the first four months of this year totalled 72,605, i.e. an increase by more than one-fifth compared to the same period in 2016.

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