Construction and housing

Construction and housing

In December 2017, prices of owner-occupied houses (excluding new constructions) were on average 8.2 percent higher.

In November 2017, prices of owner-occupied houses were on average 8.2 percent higher.

In October 2017, prices of owner-occupied houses were on average 8.2 percent higher.

In September 2017, prices of owner-occupied houses were on average 7.3 percent higher.

In August 2017, prices of owner-occupied houses were on average 7.8 percent higher.

Prices of owner-occupied houses were almost 8 percent higher in July 2017 than in July last year.

Prices of owner-occupied houses were on average 8 percent higher in June 2017 than in June last year.

Prices of owner-occupied houses were on average 7.8 percent higher in May 2017 than in May last year.

Prices of owner-occupied houses were on average 7.4 percent higher in April 2017 than in April last year.

Prices of owner-occupied houses (excluding new constructions) were on average 7.3 percent higher in March 2017.

Prices owner-occupied houses 6.7 percent higher in February.

House prices 6.4 percent up in January.

House prices in Rotterdam above pre-crisis level

Largest house price increase in 14.5 years.

Prices of owner-occupied houses were on average 6.0 percent higher in November 2016 than in November 2015.

Prices of owner-occupied houses were on average 6.0 percent higher in August 2016 than in August 2015.

Prices of owner-occupied houses were on average 4.9 percent higher in July 2016 than in July 2015.

Romanians have the smallest dwelling space with one room per persoon. Dutch dwellings have 1.9 rooms p.p.

Prices of owner-occupied houses were on average 4.6 percent higher in June 2016 than in June 2015.

Across all regions, prices of owner-occupied dwellings were higher in Q2 2016 than in Q2 2015.

The output in the Dutch construction industry has grown at a faster pace since Q3 2014 than the average across Europe.

Prices owner-occupied houses more than 4 percent higher

Prices of owner-occupied houses were on average 4.3 percent higher in March 2016 than in March 2015.

House prices Amsterdam exceed pre-recession era

Thirty percent of Amsterdam households own their home.

Prices of owner-occupied houses (excluding new constructions) were on average 4.1 percent higher in January 2016 than in January 2015. This is the most substantial year-on-year price increase in almost 8 years, according to the price index of owner-occupied houses, a joint publication by Statistics Netherlands (CBS) and the Land Registry Office.

Prices of owner-occupied houses (excluding new constructions) were on average 3.8 percent higher in November 2015 than in November 2014. This is the most substantial year-on-year price increase in 7.5 years

Prices of owner-occupied houses (excluding new constructions) were on average 3.4 percent higher in October 2015 than in October 2014.The year-on-year price increase is about equal to the increase in September, when the highest increase in more than 7 years was recorded. Since June of 2013, the price trend for owner-occupied houses has been slightly upwards.

Prices of owner-occupied houses (excluding new constructions) were on average 3.5 percent higher in September 2015 than in September 2014, the highest year-on-year price increase since April 2008, according to the price index of owner-occupied houses, a joint publication by Statistics Netherlands (CBS) and the Land Registry Office.

In the third quarter of 2015, prices of owner-occupied houses (excluding new constructions) rose most rapidly in Amsterdam. In the other three major Dutch cities and in eleven provinces, house prices were also higher than one year previously.

During the second quarter of 2015, removal companies did not benefit from the recovery of the housing market. Although house sales grew by 19 percent relative to the same period last year, removal companies recorded a very modest turnover growth of less than 0.5 percent.

Prices of owner-occupied houses, excluding new constructions, were on average 2.5 percent higher in August 2015 than in August 2014.

Prices of owner-occupied houses, excluding new constructions, were on average 2.7 percent higher in July 2015 than in July 2014. Residential property prices have risen modestly since the summer of 2013, according to the price index of owner-occupied houses – a joint publication by Statistics Netherlands (CBS) and the Land Registry Office.

Prices of owner-occupied houses, excluding new constructions, were on average 2.6 percent higher in June 2015 than in June 2014. House prices have been above the level of the same month in the preceding year for more than twelve months now. The most substantial price increase was recorded in Amsterdam.

Prices of owner-occupied houses, excluding new construction, were on average 2.6 percent higher in May 2015 than in May 2014. House prices have been above the level of the corresponding month in the previous year for over a year.

Prices of owner-occupied houses, excluding new constructions, were on average 2.3 percent higher in April 2015 than in April 2014. House prices have been above the level of the corresponding month of the previous year for just over 12 months.

Prices of owner-occupied houses, excluding new constructions, were on average 2.7 percent higher in March 2015 than in March 2014.

Prices of owner-occupied houses, excluding new constructions, were on average 2.4 percent higher in February 2015 than in February 2014.

Prices of owner-occupied houses, excluding new construction, were on average 2.1 percent higher in January 2015 than in January 2014. Year-on-year house prices have been higher than one year previously for ten months now.

Prices of owner-occupied houses, excluding new constructions, were on average 2.0 percent higher in December 2014 than in December 2013. House prices have been higher than twelve months previously for nine months now.

Prices of own homes, excluding new construction, were on average 2.3 percent higher in November 2014 than in November 2013. Year-on-year house prices have been higher than twelve months previously for more than six months now.

Prices of own homes, excluding new constructions, were on average 2.2 percent higher in October 2014 than in October 2013. The price increase in October was marginally higher than in September.

Statistics Netherlands announced today that nearly 100 thousand young people in the 15-26 age bracket, who no longer participated in education or training programmes were unemployed in the first quarter of 2014. Three months later, three in every ten of them had found a job for at least 12 hours a week. During the past decade, the proportion of young people out of education who found work within a short period of time has never been so low.

Prices of own homes, excluding new construction, were on average 1.7 percent higher in September 2014 than in September 2013. This is the same increase as in August, and the sixth consecutive monthly year-on-year increase.

The building contract value of orders received by architects rose by just over 37 percent on average in the first half of 2014. These orders also helped push up turnover of architects’ bureaus, although this is still 50 percent below the level of 2008.

Prices of owner-occupied homes, excluding new constructions, were on average 1.7 percent higher in August 2014 than in August 2013. This was the fifth month in a row with increasing year-on-year prices.

On 1 January 2014, the average value of houses based on the Land and Property Appraisal Act (WOZ) was more than 5 percent down from 2013. Currently, the average house price in the Netherlands is 211 thousand euros, which is below the level recorded in 2007.

Prices of owner-occupied homes, excluding new constructions, were on average 1.9 percent higher in July 2014 than in July 2013. This was the fourth month in a row with increasing year-on-year prices.Dutch house prices up for the fourth month in a row

Turnover generated by the construction sector fell by 2.4 percent in the second quarter. The downturn was very obvious in medium-sized and large companies; small businesses performed better than in the second quarter of 2013.

Prices of owner-occupied houses, excluding new constructions, were on average 2.2 percent higher in June 2014 than in June 2013. This was the third month in a row with increasing year-on-year prices.

Prices of owner-occupied houses, excluding new constructions were on average 1.4 percent higher in May 2014 than in May 2013. In April 2014, the first year-on-year price increase (0.1 percent) in 5 years was recorded.

More than 400 thousand houses in the Netherlands are unoccupied; 190 thousand (2.5 percent of the dwelling stock) remain occupied for more than eighteen months.

Prices of owner-occupied houses, excluding new constructions were on average 0.1 percent higher in April 2014 than in April 2013. This is the first price increase in 5 years.

Report and tables on unoccupied dwellings in the Netherlands. The tables contain information on the number of unoccupied dwellings per region, the characteristics of unoccupied dwellings and the duration of non-occupancy. The report describes the most important results. Commissioned by the Ministry of the Interior and Kingdom Relations.

Prices of owner-occupied houses (excluding new constructions) are falling less rapidly. Residential property prices over the first quarter of 2014 were 1.5 percent down from one year previously and the smallest in three years. In Amsterdam and The Hague, house prices have risen in the first quarter; in Amsterdam by no less than 2.6 percent.

Existing owner-occupied houses were on average 2.1 percent cheaper in March 2014 than in March 2013, versus 1.7 percent in February 2014 relative to February 2013.

Existing owner-occupied dwellings were on average 1.7 percent cheaper in February 2014 than in February 2013. This year-on-year price drop was more substantial than in January when house prices fell by 0.5 percent.

In 2013, more than 26 thousand building permits for new houses were granted, a decline by 30 percent relative to 2012. The decline over the last quarter was less substantial.

Prices of existing owner-occupied dwellings were on average 0.5 percent lower in January 2014 than in January 2013. The price drop relative to one year previously is less substantial than in in December, when residential property prices fell by 3.8 percent.

In 2013, prices of existing owner-occupied houses were on average 6.4 percent down from one year previously. The price drop in the latter half of the year was less substantial than in the first half. The price level stabilised after the second quarter.

Prices of existing owner-occupied dwellings were on average 3.7 percent lower in December 2013 than in December 2012. The price drop relative to one year previously is less substantial than in in November, when residential property prices fell by 4.7 percent. Although prices of existing owner-occupied homes were still below the level of the same month last year, the price level has remained fairly stable over the past six months.

Prices of existing owner-occupied dwellings were on average 4.7 percent lower in November 2013 than in November 2012. The price drop is more substantial than in the preceding month, when house prices fell by 4.0 percent.

Prices of existing owner-occupied dwellings were on average 4.0 percent lower in October 2013 than in October 2012. The price drop is slightly less substantial than in the preceding month.

Asking prices for homes for sale in the Netherlands were 4.5 percent lower on average in the third quarter of 2013 than twelve months previously. In Utrecht, prices were 2.0 percent lower, the smallest decrease of the four largest cities. The relative fall in the number of homes sold in Utrecht in the first three quarters of 2013 was larger than in The Hague, Rotterdam and Amsterdam.

Prices of existing owner-occupied dwellings were on average 4.1 percent lower in September 2013 than in September 2012. The price drop is less substantial than in the preceding month, when house prices fell by 4.4 percent.

Prices of existing owner-occupied dwellings were on average 4.4 percent lower in August 2013 than in August 2012. The price drop is less substantial than in the preceding month.

Prices of existing owner-occupied dwellings were on average 5.0 percent lower in July 2013 than in July 2012. The price drop is much smaller than in the preceding month when house prices fell by 9.6 percent.

Prices of existing owner-occupied dwellings were on average 9.6 percent lower in June 2013 than in June 2012. The price drop is more substantial than in the preceding month when house prices fell by 8.2 percent.

Prices of existing owner-occupied dwellings were on average 8.2 percent lower in May 2013 than in May 2012. The price drop is larger than in the previous month when house prices fell by 7.6 percent.

In 2012, over-60s much more often than younger home owners had interest-only mortgages. More than one third of home owners aged 60 years and older have paid off their mortgage.

Prices of existing owner-occupied dwellings were on average 7.6 percent lower in April 2013 than in April 2012. The price drop is larger than in the previous month when house prices dropped by 7.0 percent.

The overall value of new design orders for architectural projects slumped by nearly 15 percent in 2012 relative to 2011. The current value of the building sum is nearly 70 percent below the level of 2007.

Prices of existing owner-occupied dwellings were on average 7.0 percent lower in March 2013 than in March 2012. The price drop is less substantial than in the previous month, when house prices dropped by 8.3 percent.

Prices of existing owner-occupied dwellings were on average 8.3 percent lower in February 2013 than in February 2012. The price drop is less substantial than in the previous month when the house prices were 9.6 percent lower.

Last year, more than 7.1 million households in the Netherlands not belonging to the institutional population were living in homes they rented or owned; 59 percent were owner-occupiers. The ratio between tenant-occupied and owner-occupied homes has not changed for the first time since 1986 as the first results of the Netherlands Housing Research 2012 (WoOn2012) show.

The construction sector suffered most from the economic recession in 2012. Output fell by more than 8 percent, turnover by 7 percent.

More than 37 thousand building permits for new houses were issued last year, i.e. 33 percent down from 2011. The most substantial decline occurred in the market sector.

Prices of existing owner-occupied dwellings sold in January 2013 were on average 9.6 percent lower than in January 2012, the most substantial price drop relative to twelve months previously since the price index of existing residential property was first recorded in 1995.

Prices of existing owner-occupied dwellings sold in December 2012 were on average 6.3 percent lower than in December 2011. The price drop relative to one year previously is again less substantial than in the preceding month.

Prices of existing owner-occupied dwellings sold in November 2012 were on average 6.8 percent lower than in November 2011. The price drop is less substantial than in the previous four months.

In the first nine months of 2012, the construction sector faced 6 percent turnover loss. The sector lost 15 percent of its turnover compared to record year 2008. Small building companies were least affected, medium-sized businesses suffered most on account of the economic downturn.

The present index series are generally based on 2005 = 100. To keep these index series up to date, a base shift is introduced every fives years. In 2013 the base year 2005 will be replaced by base year 2010 (2010 = 100).

Over 2 million Dutch dwellings had an energy label by the end of 2011. This is over a quarter more than at the end of 2009

Prices of existing owner-occupied dwellings sold in September 2012 were on average 7.9 percent lower than in September 2011. That is about the same price decrease as in July and August, when house prices fell by 8.0 percent relative to twelve months previously.

Prices of existing owner-occupied dwellings sold in August 2012 were on average 8.0 percent down from August 2011. Prices also plummeted 8.0 percent in July relative to twelve months previously.

Figures published today put the number of permits granted for the construction of new dwellings at nearly 17 thousand. This is 37 percent lower than in the same period last year.

The Dutch housing stock includes 7.2 million dwellings; 300 thousand houses (4.2 percent) were vacant on 1 January 2011. One in seven vacant houses (47 thousand) were less than or just over ten years old. The overall vacancy rate is 4.2 percent. Two thirds of rented houses which are vacant are owned by institutional investors and private landlords. The high vacancy rate is partly due to the relatively high rents private landlords charge to their tenants. Many rented houses built prior to 2000 are also vacant for a period of time during large-scale renovation projects.

Prices of existing owner-occupied dwellings sold in July 2012 were on average 8.0 percent down from July 2011. This is the most substantial price drop since the price index of existing residential property was first recorded in 1995.

The average WOZ house price was 232 thousand euro on 1 January 2012. This is more than 2 percent less than one year earlier. It is the second year in a row that the average WOZ value was down. It has now returned to the 2008 level.

Prices of existing owner-occupied dwellings sold in June 2012 were on average 4.4 percent down on June 2011. The drop in house prices is less substantial than in the preceding months.

More than one quarter (609 thousand) of rental homes owned by housing associations were occupied by households with annual incomes in excess of 33 thousand euro. Altogether, the housing association stock comprises 2.2 million houses.

Prices of existing owner-occupied dwellings sold in May 2012 were on average 5.5 percent down on May 2011. According to the price index of existing residential property – a joint publication by Statistics Netherlands and the Land Registry Office – the drop in house prices is more substantial than in the preceding months.

Last year, the construction sector faced a turnover loss of 16 percent. Small construction companies generated a turnover growth by 3 percent. Medium-sized and large building companies had to cope with loss of turnover. The sector residential and non-residential building faced difficult times and prospects are not too good either.

Prices of existing owner-occupied dwellings sold in April 2012 were on average 5.2 percent down on April 2011.

Prices of existing owner-occupied dwellings sold in March 2012 were on average 4.7 percent down on March 2011. According to the price index of existing residential property – a joint publication by Statistics Netherlands and the Land Registry Office – the price drop was more substantial than in the preceding month, when residential property prices were 3.4 percent down on one year previously.

On 1 January 2010, the Dutch housing stock included more than 7 million dwellings, of which 417 thousand (just under 6 percent) were vacant. These houses are officially registered as unoccupied.

Last year, 56 thousand building permits were issued for new residential units, i.e. 9 percent fewer than in 2010 and the lowest number since 1953.

Prices of existing owner-occupied dwellings sold in February 2012 were on average 3.4 percent down on February 2011.

Prices of existing owner-occupied houses sold in January 2012 were on average 3.3 percent down on January 2011.

Prices of existing owner-occupied houses were on average 4.0 percent lower in December 2011 than in December 2010.

Prices of existing owner-occupied houses were on average 3.3 percent lower in November 2011 than in November 2010.

Housing associations own 2.3 million homes in the Netherlands. This is the equivalent of one in three homes.

Prices of existing owner-occupied houses were on average 2.8 percent lower in October 2011 than in October 2010

Prices of existing owner-occupied houses were on average 2.9 percent lower in September 2011 than in September 2010.

More than 19.5 thousand dwellings were completed in the first six months of 2011, i.e. an increase by nearly 9 percent from the same period last year.

The construction value of new commissions for architects fell substantially again in the second quarter of 2011.

Prices of existing owner-occupied dwellings in the Netherlands have dropped almost continually since mid-2008.

Prices of existing owner-occupied houses were on average 2.8 percent lower in August 2011 than in August 2010.

After 2010, a very dramatic year for the construction sector (excluding property developers), the first six months of 2011 were somewhat more positive. The mild temperatures in winter prompted a 6 percent turnover growth over the first six months of this year, whereas turnover contracted nearly 9 percent in 2010. Turnover growth occurred across the entire construction sector.

Prices of existing owner-occupied houses were on average 2.3 percent lower in July 2011 than in July 2010.

Prices of existing owner-occupied houses were on average 1.9 percent lower in June 2011 than in June 2010.

Prices of existing owner-occupied houses were on average 1.8 percent lower in May 2011 than in May 2010.

Prices of existing owner-occupied houses were on average 2.1 percent lower in April 2011 than in April 2010. According to the price index of existing residential property – a joint publication by Statistics Netherlands and the Land Registry Office – house prices dropped more dramatically in April than in March, when they were 1.1 percent lower than one year previously.

Prices of existing owner-occupied houses were on average 1.1 percent lower in March 2011 than in March 2010.

After many years of decline, architects have received more new orders in 2010.

Nearly 56 thousand new homes were delivered in 2010, a decrease by more than 32 percent relative to 2009. The number of owner-occupied homes deliverd last year dropped dramatically.

Prices of existing owner-occupied houses were on average 1.5 percent lower in February 2011 than in February 2010. According to the price index of existing residential property – a joint publication by Statistics Netherlands and the Land Registry Office – house prices dropped more substantially in February than in January, when they were 1.1 percent down on one year previously.

While the Dutch economy is picking up, the construction sector is still performing badly. With 9 versus more than 4 percent, turnover in the construction sector slumped even more in 2010 than in 2009.

Prices of existing owner-occupied houses sold in December 2010 were on average 0.8 percent lower than in December 2009.

Prices of existing owner-occupied houses sold in November 2010 were on average 1.1 percent lower than in November 2009.

Prices of existing owner-occupied houses sold in October 2010 were on average 1.1 percent lower than in October 2009

Prices of existing owner-occupied houses sold in September 2010 were on average 0.6 percent lower than in September 2009.

Prices of existing owner-occupied residential property sold in August 2010 were on average 0.4 percent lower than in August 2009. Since February 2009, house prices have been continuously lower than twelve months previously but the downward trend has levelled off in the course of 2010.

Building permits were issued for more than 25 thousand dwellings in the first half of 2010.

According to the price index of existing private residential property – a joint publication by Statistics Netherlands and the Land Registry Office – prices of houses sold in July 2010 were down by an average of 0.9 percent compared to July 2009.

According to the house price index of existing own homes, prices of houses sold in June 2010 were down by an average of 1.4 percent on June 2009.

According to the house price index of existing own homes – a joint publication by Statistics Netherlands and the Land Registry Office – prices of houses sold in May 2010 were on average 2.2 percent down on May 2009.

The recession has obviously affected the construction sector in the first quarter of 2010. The number of dwellings completed in the first quarter of 2010 was more than 44 percent lower than in the same period in 2009.

Over 1.1 million households in the Netherlands received a rent allowance in 2008. This cost the government nearly 2 million euro.

According to the price index of existing owner-occupied houses – a joint publication by Statistics Netherlands and the Land Registry Office – prices of houses sold in April 2010 were on average 2.2 percent down on April 2009.

Nearly half of the 7.2 million households in the Netherlands had a mortgage on their home in 2008. Together, they paid 28 billion euro in mortgage costs, and received more than 10 billion euro back from the government by through tax deductions.

Nearly one quarter of homes in the Netherlands had been issued with an energy label in December 2009. In June 2009 this was still only 13 percent.

According to the price index of existing owner-occupied houses prices of houses sold in March 2010 were on average 3.5 percent down on March 2009.

Between 1996 and 2006, more than 17 thousand hectares (ha) were added to the total area designated for residential purposes. The amount of square metres (m²) of living space per household declined in this period.

The average distance for Dutch residents to the nearest secondary school is 2.4 km. Nine in ten residents have at least one school within a 5 km radius.

The total building sum of new orders for architectural firms in 2009 was more than 41 percent down on 2008.

In 2009, nearly 83 thousand were finished, an increase by more than 5 percent relative to one year previously and the highest number of reported completions since 1999.

This study is carried out jointly by the Ministry of Housing, Communities and Integration and Statistics Netherlands. The report with the outcomes and conclusions of the study, Het wonen overwogen, describes recent developments on the Dutch housing market on the basis of the WoON survey.

According to the price index of existing owner-occupied houses – a joint publication by Statistics Netherlands and the Land Registry Office – prices of houses sold in February 2010 were on average 4.2 percent down on February 2009.

After years of sustained growth, turnover realised by the construction sector slumped 4.5 percent in 2009.

According to the price index of existing owner-occupied houses, a joint publication by Statistics Netherlands and the Land Registry Office, prices of houses sold in January 2010 were on average 5.3 percent lower than in January 2009.

In 2009, prices of existing owner-occupied dwellings were on average 3.3 percent down on 2008, although they were still 8.4 percent higher in 2009 than in 2005. There are considerable differences between the municipalities in the Netherlands.

In 2010, provincial and municipal government authorities expect local tax proceeds to amount to 11.5 billion euro, a 2.6 percent increase on 2009.

Prices of existing owner-occupied houses sold in December were on average 5.3 percent lower than in December 2008.

Prices of existing owner-occupied houses sold in November were on average 4.7 percent down on November 2008. The price drop is less substantial than in October, when houses were 5.2 percent cheaper than one year previously.

In the third quarter of 2009, more than 15 thousand new building permits were granted, i.e. 32 percent down on the same period one year previously.

Prices of Dutch existing owner-occupied houses sold in October 2009 were on average 5.2 percent down on October 2008.

Prices of Dutch houses (excl. new construction) sold in September 2009 were on average 5.3 percent lower than in September 2008.

Dutch municipalities issued building permits for 32 thousand dwellings in the first half of 2009. This is nearly 10 percent down on the same period last year.

The decrease in house prices continued unabated in August 2009, as prices of existing houses sold in that month were 5.6 percent lower on average than twelve months previously.

Rents of residential property were raised by 2.8 percent on 1 July 2009, the most substantial increase since July 2004. The harmonisation accounts for 0.4 percentage points of the rent increase.

Prices of existing houses sold in July 2009 were on average 4.4 percent lower than twelve months previously. For the sixth month in a row, prices of residential property were lower than one year previously.

More than six in ten people in the Netherlands live within 5 km from a hospital. The Randstad region has the highest hospital density.

By the end of the first quarter of this year, 186 thousand houses in the Netherlands were nearing completion, i.e. 3.4 percent more than in the same period one year previously.

Prices of existing houses sold in June 2009 were on average 3.7 percent lower than twelve months previously. For the fifth month in a row, prices of residential property were lower than one year previously.

Housing costs constitute the most significant part of the average household budget. Proportionally, the lowest income brackets spend most on housing.

In the first quarter of 2009, proceeds from the property transfer tax dropped by 0.7 billion euro, a decline by 30 percent relative to the fourth quarter of 2008. Proceeds have declined for more than a year now.

Nearly 3 percent more new homes were completed in the first quarter of 2009 than in the same period last year. This increase was the result of a 16 percent increase in the number of rent-sector homes completed.

On 1 January 2008 5.7 percent of the just over 7 million dwellings in the Netherlands were not officially inhabited. This does not mean that they are vacant, but that nobody is officially registered as living there.

In 2008, the number of finished dwellings dropped by 2 percent to nearly 79 thousand.

Turnover increased by nearly 10 percent in the construction sector in 2008. The growth rate is the same as in 2007. With over 90 billion euro, the sector reached a new record level last year.

On 1 January 2007, the Dutch housing stock numbered 7 million units; 53 percent were owner-occupied, 42 percent were occupied by tenants. A small proportion of the housing stock is unspecified. In most Dutch municipalities, the majority of houses are owner-occupied.

In the period 2000–2006, 140 thousand dwellings (43 percent) out of a total of 323 thousand added to the dwelling stock were built in existing built-up area.

In the first nine months of 2008, nearly 45 thousand new dwellings were completed, a 7 percent increase on the first three quarters of 2007. The amount of residential building permits granted declined by 3 percent.

According to the Act on Property Assessment (WOZ), there were over 24.5 thousand houses in the Netherlands with a value of 1 million euro or more on 1 January 2008. This is an increase by 33 percent relative to one year previously.

Total construction turnover over the first three quarters of 2008 increased by 11 percent relative to the same period last year.

In the first half of 2008, more than 28 thousand dwellings were completed, 13 percent more than in the same period of 2007.

In 2007, more than 80 thousand new dwellings were completed. Last year, 67 percent of new houses were completed within a time span of two years, as against 94 percent in 1995.

The turnover of large construction companies in the Netherlands rose by just over 10 percent in 2007. In 2006 this increase was still only 3 percent.

Owner-occupied dwellings are predominantly found in rural areas, commuter towns and on the outskirts of the city. Rented houses and flats are mainly situated in major city centres and student districts.

The number of new houses completed last year rose by 10 percent to more than 80 thousand.

Turnover in the construction sector grew by nearly 10 percent in 2007, breaking the 80 billion euro barrier for the first time. Turnover increase was realised across all branches of the construction sector.

In December 2007, prices of existing owner-occupied homes were 4.1 percent higher than twelve months previously. This price increase is at about the same level as the average increase in the four preceding years.

In the third quarter of 2004 close to 11 thousand new houses were finished. This is 3 percent less than in the third quarter of 2003. The number of newly finished houses in the first nine months of the year, however, was higher than in the same period of 2003. The number of houses for which a building permit was granted in the third quarter was down by 6 percent on last year.

Some 60 thousand new dwellings were completed In 2003. This is 11 percent less than in 2002 and the lowest number of dwellings completed since 1953. The worst seems to be over, however, since the number of dwellings for which a building permit was issued is on the increase again.