House prices over 7 percent higher in April

© Hollandse Hoogte / Berlinda van Dam
In April 2020, prices of owner-occupied dwellings (excluding new constructions) were on average 7.3 percent higher than in the same month last year. This price increase is higher than in the previous months. This is evident from price monitoring of existing owner-occupied dwellings by Statistics Netherlands (CBS) and The Netherlands’ Cadastre, Land Registry and Mapping Agency.

Prijsontwikkeling van bestaande koopwoningen
jaarmaand%-verandering (%-verandering t.o.v. een jaar eerder)
2016mei4.3
2016juni4.6
2016juli4.9
2016augustus6
2016september5.9
2016oktober5.6
2016november6
2016december6.7
2017januari6.4
2017februari6.7
2017maart7.3
2017april7.4
2017mei7.8
2017juni8
2017juli7.6
2017augustus7.8
2017september7.3
2017oktober8.2
2017november8.2
2017december8.2
2018januari8.8
2018februari9.5
2018maart8.6
2018april8.8
2018mei8.9
2018juni8.9
2018juli9
2018augustus9.3
2018september9.3
2018oktober9
2018november9.5
2018december8.4
2019januari8.7
2019februari7.5
2019maart7.7
2019april7.7
2019mei7.2
2019juni6.9
2019juli7
2019augustus5.7
2019september6.1
2019oktober6.3
2019november5.8
2019december6.5
2020januari6.3
2020februari6.6
2020maart7
2020april 7.3
Bron: CBS, Kadaster

House prices show upward trend

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. In April 2020, house prices reached the highest level ever. Compared to the low in June 2013, house prices were up by over 46.7 percent on average in that month.

Price index of existing owner-occupied dwellings
YearMonth(2015=100) (2015=100)
2016May103.7
2016June104.3
2016July105.5
2016August106.4
2016September107.2
2016October107
2016November107.5
2016December107.9
2017January108.9
2017February109.3
2017March110.5
2017April110.9
2017May111.7
2017June112.5
2017July113.5
2017August114.6
2017September115
2017October115.8
2017November116.4
2017December116.8
2018January118.6
2018February119.7
2018March120.1
2018April120.6
2018May121.7
2018June122.5
2018July123.7
2018August125.4
2018September125.7
2018October126.2
2018November127.4
2018December126.6
2019January128.8
2019February128.7
2019March129.2
2019April129.8
2019May130.4
2019June130.9
2019July132.4
2019August132.5
2019September133.4
2019October134.1
2019November134.8
2019December134.8
2020January136.9
2020February137.2
2020March138.3
2020April139.3
Source: CBS, Kadaster

Number of housing transactions up in April

According to figures by The Netherlands’ Cadastre, the total number of dwellings sold in the month of April 2020 stood at 18,854. This is 9 percent more than in April 2019. In the first four months of this year, 70,433 dwellings were sold. This is an increase of almost 9 percent relative to the same period in 2019.

Figures for the reporting month of April do not yet or hardly reflect the effects of the coronavirus outbreak.

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