Houses 8 percent cheaper than a year ago

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. 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 May 2013 as at the end of 2002. They were 20.6 percent lower than in August 2008, when house prices reached a record high. 

In the first five months of this year, a total of 37,977 house sales were registered. This is 10.4 percent below the level of the first four months of 2012.

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.