House prices almost 9 percent higher in April

22/05/2018 15:00
© Peter Hilz
In April 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 slightly higher than in the previous month. 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).

Prices 27 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 just below the record level of August 2008 and on average 27 percent higher than during the price dip in June 2013. The average price level of owner-occupied houses in April 2018 was about the same as in September 2008.

Number of house sales down

According to figures released last Thursday by the Dutch Land Registry Office, 16,267 houses were sold in April 2018. In the first four months of 2018, 68,372 houses were sold, a decrease of almost 6 percent compared to the same period in 2017.

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