Dutch house prices 2.1 percent down in March

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. Although residential property prices were still below the level of the same month last year, the price level has remained fairly stable over the past 9 months. The price index of existing residential property – a joint publication by Statistics Netherlands and the Land Registry Office – reflects price changes of existing owner-occupied homes in the Netherlands.

Prices of existing owner-occupied dwellings

In March 2014, house prices were at approximately the same level as in November 2002, but they were no less than 20.5 percent below the record level registered in August 2008. 

In the first three quarter of this year, 28,963 homes were sold, an increase by more than 25 percent relative to the same period last year.

Price index of existing owner-occupied dwellings

More figures can be found on the theme page Prices.

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

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