Dutch house prices more than 3 percent higher than one year previously

Prices of owner-occupied houses (excluding new constructions) were on average 3.4 percent higher in October 2015 than in October 2014.The year-on-year price increase is about equal to the increase in September, when the highest increase in more than 7 years was recorded. Since June of 2013, the price trend for owner-occupied houses has been slightly upwards. according to the price index of owner-occupied houses – a joint publication by Statistics Netherlands (CBS) and the Land Registry Office.

House prices 6.8 percent up from dip in June 2013

In October 2015, the average price level of owner-occupied houses was approximately the same as in the first months of 2004. Dutch house prices reached a low in June 2013, but since then, prices have risen marginally. House prices were 6.8 percent higher in October 2015 than in June 2013, but they were 16.2 percent below the record level reached in August 2008.

House sales substantially up

According to figures released by the Dutch Land Registry Office last Tuesday, 16,324 houses were sold in October, an increase of almost than 14 percent from October 2014. In the first ten months of this year, 142,182 homes were sold, i.e. an increase by 22 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 January 2016.