Price increase of owner-occupied homes slows further in September

These are the most recent figures on this topic. View the previous figures here.
© Hollandse Hoogte / Patricia Rehe

The average price of an existing owner-occupied home was 2.9 percent higher in September, year on year. In August, the price increase was 3.3 percent. This means that the year-on-year price increase of existing owner-occupied homes has been slowing down almost continuously since the end of 2024. House prices in September were down by an average of 0.4 percent from August. The price changes in this news article are based on the price index for existing owner-occupied homes, according to figures from Statistics Netherlands (CBS) and the Netherlands’ Cadastre, Land Registry and Mapping Agency (Kadaster).

Compared to August, house prices are falling slightly

In September, prices of existing owner-occupied homes were down by an average of 0.4 percent from August. House prices followed an upward trajectory until July 2022. That trend was reversed and prices fell until June 2023, but since then house prices have been on the rise again. In September, they were 17.3 percent higher than at their previous peak in July 2022, on average.

Fewer housing transactions in September

According to the Netherlands’ Cadastre, the total number of housing transactions recorded in the month of September was 20,383, a year-on-year decrease of nearly 7 percent. In the first nine months of the year, a total of 176,411 homes changed owners – a year-on-year increase of 3 percent.

The average transaction price for existing homes in September was 504,658 euros. To determine price changes for existing owner-occupied homes, the price index is used rather than the selling price. Unlike the price index, the average transaction price does not take into account differences in the quality of homes. In order to determine price changes for existing owner-occupied homes, it is therefore better to look at the price index.

Sources

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