House prices more than 8 percent down from twelve months previously

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. The index – a joint publication by Statistics Netherlands and the Land Registry Office – reflects price changes of existing owner-occupied dwellings in the Netherlands.

Prices of existing own homes

Prices of existing owner-occupied dwellings in February 2013 were at the same level as mid-2003. They were more than 18 percent down from August 2008,  when house prices reached a record high. 

In the first two months of this year, a total of 14,157 house sales were registered. House sales dropped nearly 5 percent below the level of the first two months of 2012. 

Price index of existing own homes

More figures can be found on the theme page Prices.

For more information on economic indicators, see the Economic Monitor.