House prices over 8 percent higher in December
Along with December figures, Statistics Netherlands (CBS) is able to indicate the annual figures. In 2018, owner-occupied dwellings increased in price by 9.0 percent on average relative to the previous year.
| Year | Month | Change (year-on-year % change) |
|---|---|---|
| 2015 | January | 2.1 |
| 2015 | February | 2.4 |
| 2015 | March | 2.7 |
| 2015 | April | 2.3 |
| 2015 | May | 2.6 |
| 2015 | June | 2.6 |
| 2015 | July | 2.7 |
| 2015 | August | 2.5 |
| 2015 | September | 3.5 |
| 2015 | October | 3.4 |
| 2015 | November | 3.8 |
| 2015 | December | 3.2 |
| 2016 | January | 4.1 |
| 2016 | February | 3.8 |
| 2016 | March | 4.3 |
| 2016 | April | 4.2 |
| 2016 | May | 4.3 |
| 2016 | June | 4.6 |
| 2016 | July | 4.9 |
| 2016 | August | 6 |
| 2016 | September | 5.9 |
| 2016 | October | 5.6 |
| 2016 | November | 6 |
| 2016 | December | 6.7 |
| 2017 | January | 6.4 |
| 2017 | February | 6.7 |
| 2017 | March | 7.3 |
| 2017 | April | 7.4 |
| 2017 | May | 7.8 |
| 2017 | June | 8 |
| 2017 | July | 7.6 |
| 2017 | August | 7.8 |
| 2017 | September | 7.3 |
| 2017 | October | 8.2 |
| 2017 | November | 8.2 |
| 2017 | December | 8.2 |
| 2018 | January | 8.8 |
| 2018 | February | 9.5 |
| 2018 | March | 8.6 |
| 2018 | April | 8.8 |
| 2018 | May | 8.9 |
| 2018 | June | 8.9 |
| 2018 | July | 9 |
| 2018 | August | 9.3 |
| 2018 | September | 9.3 |
| 2018 | October | 9 |
| 2018 | November | 9.5 |
| 2018 | December | 8.4 |
| Source: CBS, Kadaster | ||
House prices continue to rise
House prices reached a record high in August 2008 and subsequently started to decline, reaching a low in June 2013. The trend has been upward since then. In May 2018, the price index of owner-occupied dwellings exceeded the record level of August 2008 for the first time; house prices subsequently continued to rise until December.
Compared to the low in June 2013, house prices were up by over 33 percent on average in December 2018, and almost 5 percent higher on average relative to the previous peak in August 2008.
| Year | Month | Index (2015=100) |
|---|---|---|
| 2015 | January | 98.4 |
| 2015 | February | 98.7 |
| 2015 | March | 98.8 |
| 2015 | April | 99.1 |
| 2015 | May | 99.4 |
| 2015 | June | 99.6 |
| 2015 | July | 100.5 |
| 2015 | August | 100.4 |
| 2015 | September | 101.2 |
| 2015 | October | 101.4 |
| 2015 | November | 101.5 |
| 2015 | December | 101.1 |
| 2016 | January | 102.4 |
| 2016 | February | 102.5 |
| 2016 | March | 103 |
| 2016 | April | 103.2 |
| 2016 | May | 103.7 |
| 2016 | June | 104.3 |
| 2016 | July | 105.5 |
| 2016 | August | 106.4 |
| 2016 | September | 107.2 |
| 2016 | October | 107 |
| 2016 | November | 107.5 |
| 2016 | December | 107.9 |
| 2017 | January | 108.9 |
| 2017 | February | 109.3 |
| 2017 | March | 110.5 |
| 2017 | April | 110.9 |
| 2017 | May | 111.7 |
| 2017 | June | 112.5 |
| 2017 | July | 113.5 |
| 2017 | August | 114.6 |
| 2017 | September | 115 |
| 2017 | October | 115.8 |
| 2017 | November | 116.4 |
| 2017 | December | 116.8 |
| 2018 | January | 118.6 |
| 2018 | February | 119.7 |
| 2018 | March | 120.1 |
| 2018 | April | 120.6 |
| 2018 | May | 121.7 |
| 2018 | June | 122.5 |
| 2018 | July | 123.7 |
| 2018 | August | 125.4 |
| 2018 | September | 125.7 |
| 2018 | October | 126.2 |
| 2018 | November | 127.4 |
| 2018 | December | 126.6 |
| Source: CBS, Kadaster | ||
Number of housing transactions down in 2018
According to figures by The Netherlands’ Cadastre, the total number of dwellings sold in the month of December 2018 stood at 19,434. The total number of houses sold over the year 2018 was 218,491, representing a decline by almost 10 percent compared to 2017. At the same time, this was the second highest annual number of transactions ever recorded.
Sources
- StatLine - House Price Index; existing own homes
- StatLine - House Price Index by region
- StatLine - House Price Index by type of dwelling
Related items
- Dossier - Businesss Cycle