House prices continue to rise

In June 2018, house prices continued to rise and reached again an all-time high. Compared to June 2017, prices were on average 8.9 percent higher. This is according to the price index of owner-occupied houses (excluding new constructions), a joint publication by Statistics Netherlands (CBS) and the Land Registry Office (Kadaster).

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. In May 2018, house prices for the first time were higher than the record level of August 2008. In June 2018, house prices continued to rise and the price index of owner-occupied houses therefore reached again the highest level since the start of the index in 1995. Compared to the dip in June 2013, house prices were on average 29 percent higher.

Price index of existing-occupied dwellings
   index (2015=100)
2008J119
2008F119
2008M119.4
2008A119.5
2008M119
2008J119.3
2008J120.3
2008A120.9
2008S120.5
2008O120.2
2008N119.3
2008D119.5
2009J120.1
2009F118.9
2009M117.7
2009A116.8
2009M116
2009J114.8
2009J114.9
2009A114.2
2009S113.8
2009O113.9
2009N113.4
2009D112.7
2010J113
2010F113.3
2010M113.1
2010A113.9
2010M113.1
2010J112.9
2010J113.6
2010A113.7
2010S112.9
2010O112.4
2010N112.1
2010D111.8
2011J111.6
2011F111.2
2011M111.7
2011A111.2
2011M111.1
2011J110.9
2011J111
2011A110.3
2011S109.4
2011O109.2
2011N108.4
2011D107.2
2012J107.6
2012F107.4
2012M105.8
2012A105
2012M104.3
2012J105.3
2012J101.2
2012A100.8
2012S100.2
2012O99.9
2012N100.5
2012D99.8
2013J96.9
2013F98.1
2013M98.2
2013A96.8
2013M95.5
2013J95
2013J96.1
2013A96.3
2013S96.1
2013O95.9
2013N95.5
2013D96.1
2014J96.4
2014F96.4
2014M96.1
2014A96.9
2014M96.8
2014J97.1
2014J97.9
2014A97.9
2014S97.7
2014O98
2014N97.7
2014D97.9
2015J98.4
2015F98.7
2015M98.8
2015A99.1
2015M99.4
2015J99.6
2015J100.5
2015A100.4
2015S101.2
2015O101.4
2015N101.5
2015D101.1
2016J102.4
2016F102.5
2016M103
2016A103.2
2016M103.7
2016J104.3
2016J105.5
2016A106.4
2016S107.2
2016O107
2016N107.5
2016D107.9
2017J108.9
2017F109.3
2017M110.5
2017A110.9
2017M111.7
2017J112.5
2017J113.5
2017A114.6
2017S115
2017O115.8
2017N116.4
2017D116.8
2018J118.6
2018F119.7
2018M120.1
2018A120.6
2018M121.7
2018J122.5
Source: CBS, Kadaster

House prices almost 9 percent higher in June

In June 2018, prices of owner-occupied houses (excluding new constructions) were on average 8.9 percent higher than in the same month last year. The year-on-year price increase was the same as in the previous month.

Price development of existing owner-occupied dwellings
   change (year-on-year % change)
2014J1.9
2014A1.7
2014S1.7
2014O2.2
2014N2.3
2014D2
2015J2.1
2015F2.4
2015M2.7
2015A2.3
2015M2.6
2015J2.6
2015J2.7
2015A2.5
2015S3.5
2015O3.4
2015N3.8
2015D3.2
2016J4.1
2016F3.8
2016M4.3
2016A4.2
2016M4.3
2016J4.6
2016J4.9
2016A6
2016S5.9
2016O5.6
2016N6
2016D6.7
2017J6.4
2017F6.7
2017M7.3
2017A7.4
2017M7.8
2017J8
2017J7.6
2017A7.8
2017S7.3
2017O8.2
2017N8.2
2017D8.2
2018J8.8
2018F9.5
2018M8.6
2018A8.8
2018M8.9
2018J8.9
Source: CBS, Kadaster

Number of house sales down

According to figures released last Tuesday by the Dutch Land Registry Office, 18,426 houses were sold in June 2018. In the first six months of 2018, 105,035 houses were sold, a decrease of over 8 percent compared to the same period in 2017.

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