House prices almost 9 percent higher in January

In January 2018, prices of owner-occupied houses (excluding new constructions) were on average 8.8 percent higher than in the same month last year. The price increase was the highest in 16 years. Since June 2013, the trend has been upward. This is according to the price index of owner-occupied houses, a joint publication by Statistics Netherlands (CBS) and the Land Registry Office (Kadaster).

The price index owner-occupied houses (excluding new constructions) is one of the inflation indicators incorporated in the price dashboard.

Price development of existing owner-occupied dwellings (year-on-year % change)
 % change
2014 F-1.7
2014 M-2.1
2014 A0.1
2014 M1.4
2014 J2.2
2014 J1.9
2014 A1.7
2014 S1.7
2014 O2.2
2014 N2.3
2014 D2
2015 J2.1
2015 F2.4
2015 M2.7
2015 A2.3
2015 M2.6
2015 J2.6
2015 J2.7
2015 A2.5
2015 S3.5
2015 O3.4
2015 N3.8
2015 D3.2
2016 J4.1
2016 F3.8
2016 M4.3
2016 A4.2
2016 M4.3
2016 J4.6
2016 J4.9
2016 A6
2016 S5.9
2016 O5.6
2016 N6
2016 D6.7
2017 J6.4
2017 F6.7
2017 M7.3
2017 A7.4
2017 M7.8
2017 J8
2017 J7.6
2017 A7.8
2017 S7.3
2017 O8.2
2017 N8.2
2017 D8.2
2018 J8.8

Prices almost 25 percent up from dip in June 2013

In August 2008, house prices reached a record high. Subsequently, they fell to a low in June 2013. Since then, the trend has been upward. House prices are currently still 2.0 percent below the record level of August 2008 and on average 24.8 percent higher than during the price dip in June 2013. The average price level of owner-occupied houses in January 2018 was about the same as in January 2008.

Price index of existing-occupied dwellings (2015=100)
 Index
2014 F96.4
2014 M96.1
2014 A96.9
2014 M96.8
2014 J97.1
2014 J97.9
2014 A97.9
2014 S97.7
2014 O98
2014 N97.7
2014 D97.9
2015 J98.4
2015 F98.7
2015 M98.8
2015 A99.1
2015 M99.4
2015 J99.6
2015 J100.5
2015 A100.4
2015 S101.2
2015 O101.4
2015 N101.5
2015 D101.1
2016 J102.4
2016 F102.5
2016 M103
2016 A103.2
2016 M103.7
2016 J104.3
2016 J105.5
2016 A106.4
2016 S107.2
2016 O107
2016 N107.5
2016 D107.9
2017 J108.9
2017 F109.3
2017 M110.5
2017 A110.9
2017 M111.7
2017 J112.5
2017 J113.5
2017 A114.6
2017 S115
2017 O115.8
2017 N116.4
2017 D116.8
2018 J118.6

Number of house sales down

According to figures released last Monday by the Dutch Land Registry Office, 16,035 houses were sold in January 2018. This is a decrease of over 3 percent compared to January 2017.

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