House prices up by 10.6 percent in March

These are the most recent figures on this topic. View the previous figures here.
© ANP
In March, the average price of an owner-occupied dwelling (excluding newbuild homes) was, just as in February, 10.6 percent higher than one year previously. Prices in March rose by 0.7 percent relative to February. This is according to Statistics Netherlands (CBS) and The Netherlands’ Cadastre, Land Registry and Mapping Agency (Kadaster), who monitor the prices of existing owner-occupied dwellings.

House prices increased by 0.7 percent month on month

Relative to February, the price index for existing owner-occupied dwellings increased by 0.7 percent in March. House prices reached a low in June 2013; they subsequently followed an upward trajectory until August 2022. That trend was reversed and prices fell until June 2023, but since then house prices have been on the rise again. In March, house prices were 10.3 percent higher than at their previous peak in July 2022, on average.

More housing transactions in March

According to The Netherlands’ Cadastre, the total number of housing transactions recorded in the month of March was 17,211, which was over 6 percent more than one year previously. In the first three months of this year, a total of 51,474 homes changed owners – a year-on-year increase of almost 16 percent.

In March, the average transaction price for owner-occupied dwellings was 467,873 euros. The average selling price may show a different trend than the price index for existing owner-occupied dwellings published by CBS and The Netherlands’ Cadastre, Land Registry and Mapping Agency. Unlike the price index, the average transaction price does not take into account differences in the quality of dwellings. In order to determine price changes for existing owner-occupied dwellings, it is therefore better to look at the price index.

Sources

Related items