Most substantial year-on-year house price increase in more than 7 years

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. Since June of 2013, the price trend for owner-occupied houses has been slightly upwards.

House prices 6.6 percent up from dip in June 2013

In September 2015, the average price level of owner-occupied houses was approximately the same as in February and March 2004. Dutch house prices reached a low in June 2013, but since then, prices have risen marginally. House prices were 6.6 percent higher in September 2015 than in June 2013, but they were 16.3 percent below the record level reached in August 2008.

House sales substantially up

According to figures released by the Dutch Land Registry Office last Friday, 16,324 houses were sold in August, an increase of more than 26 percent from September 2014. In the first nine months of this year, 125,858 homes were sold, i.e. an increase by more than 23 percent compared to the same period last year.

Statistics Netherlands also publishes more detailed information by region and type of dwelling on a quarterly basis. These data will be published on 21 October 2015.