House prices 7 percent down in March from twelve months previously

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. 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 were at the same level in March 2013 as in August 2003. They were more than 18 percent down from August 2008, when house prices reached a record high. 

In the first quarter of this year, a total of 23,090 house sales were registered. House sales dropped 3.6 percent below the level of the first three months of 2012. For more information the reader is reffered to the article: Prices existing owner-occupied houses down across all provinces in first quarter.

Price index of existing own homes

More figures can be found on the theme page Prices.

For an interactive illustration of regional developments in house prices and transactions, see the Dutch housing market on the map.

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