House prices at all-time high in May

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© Hollandse Hoogte
In May 2018, house prices reached an all-time high. This is according to the price index of owner-occupied houses (excluding new constructions), a joint publication by Statistics Netherlands (CBS) and the Land Registry Office (Kadaster).

In August 2008, house prices reached a record high. Subsequently, they fell to a low in June 2013. Since then, the trend has been upward. In May 2018, house prices for the first time were higher (0.6 percent) than the record level of August 2008. The price index of owner-occupied houses therefore reached the highest level since the start of the index in 1995. Compared to the dip in June 2013, house prices are on average more than 28 percent higher.

Price index of existing owner-occupied dwellings
   index (2015=100)
1995J41.3
1995F41.5
1995M41.4
1995A41.6
1995M41.8
1995J42.2
1995J42.7
1995A43.2
1995S43.3
1995O43.5
1995N43.4
1995D43.9
1996J44.5
1996F44.8
1996M45.2
1996A45.9
1996M46.5
1996J46.7
1996J47.4
1996A48
1996S48.5
1996O48.7
1996N49.1
1996D49.3
1997J49.9
1997F50.6
1997M51.2
1997A51.6
1997M51.9
1997J52.4
1997J53
1997A53.7
1997S53.7
1997O54.4
1997N54.8
1997D54.8
1998J55.3
1998F56.1
1998M56.4
1998A56.8
1998M57.4
1998J57.9
1998J58.5
1998A59.3
1998S60
1998O60.6
1998N61.1
1998D61.2
1999J62.6
1999F63.3
1999M64.2
1999A65.1
1999M66.2
1999J67
1999J68.4
1999A69.8
1999S70.6
1999O72.1
1999N72.7
1999D73.1
2000J74.9
2000F76
2000M77
2000A77.8
2000M78.8
2000J80.1
2000J81.3
2000A82.2
2000S83.3
2000O83.8
2000N84.2
2000D84.4
2001J85
2001F86.7
2001M86.8
2001A88.1
2001M88.4
2001J89
2001J89.9
2001A90.8
2001S91.6
2001O91.1
2001N91.9
2001D91.6
2002J92.6
2002F93.2
2002M93.8
2002A94
2002M94.7
2002J94.8
2002J95.6
2002A96.4
2002S96.4
2002O96.4
2002N96.2
2002D95.5
2003J96.5
2003F97
2003M97.1
2003A97.7
2003M97.9
2003J98.3
2003J98.7
2003A98.8
2003S99
2003O99.5
2003N99.8
2003D100.2
2004J100.7
2004F101.2
2004M101
2004A101.8
2004M102.1
2004J102.3
2004J103.2
2004A103.8
2004S103.7
2004O104.1
2004N103.8
2004D103.7
2005J104.3
2005F105
2005M105.3
2005A105.7
2005M106.4
2005J106.3
2005J107.1
2005A107.6
2005S107.6
2005O107.9
2005N108
2005D108.3
2006J109.1
2006F109.8
2006M110.2
2006A110.6
2006M111
2006J111.5
2006J112.2
2006A112.5
2006S112.5
2006O112.8
2006N113.1
2006D113
2007J113.9
2007F114
2007M114.7
2007A115
2007M115.6
2007J116
2007J116.8
2007A117.8
2007S117.4
2007O117.6
2007N118.1
2007D117.5
2008J119
2008F119
2008M119.4
2008A119.5
2008M119
2008J119.3
2008J120.3
2008A120.9
2008S120.5
2008O120.2
2008N119.3
2008D119.5
2009J120.1
2009F118.9
2009M117.7
2009A116.8
2009M116
2009J114.8
2009J114.9
2009A114.2
2009S113.8
2009O113.9
2009N113.4
2009D112.7
2010J113
2010F113.3
2010M113.1
2010A113.9
2010M113.1
2010J112.9
2010J113.6
2010A113.7
2010S112.9
2010O112.4
2010N112.1
2010D111.8
2011J111.6
2011F111.2
2011M111.7
2011A111.2
2011M111.1
2011J110.9
2011J111
2011A110.3
2011S109.4
2011O109.2
2011N108.4
2011D107.2
2012J107.6
2012F107.4
2012M105.8
2012A105
2012M104.3
2012J105.3
2012J101.2
2012A100.8
2012S100.2
2012O99.9
2012N100.5
2012D99.8
2013J96.9
2013F98.1
2013M98.2
2013A96.8
2013M95.5
2013J95
2013J96.1
2013A96.3
2013S96.1
2013O95.9
2013N95.5
2013D96.1
2014J96.4
2014F96.4
2014M96.1
2014A96.9
2014M96.8
2014J97.1
2014J97.9
2014A97.9
2014S97.7
2014O98
2014N97.7
2014D97.9
2015J98.4
2015F98.7
2015M98.8
2015A99.1
2015M99.4
2015J99.6
2015J100.5
2015A100.4
2015S101.2
2015O101.4
2015N101.5
2015D101.1
2016J102.4
2016F102.5
2016M103
2016A103.2
2016M103.7
2016J104.3
2016J105.5
2016A106.4
2016S107.2
2016O107
2016N107.5
2016D107.9
2017J108.9
2017F109.3
2017M110.5
2017A110.9
2017M111.7
2017J112.5
2017J113.5
2017A114.6
2017S115
2017O115.8
2017N116.4
2017D116.8
2018J118.6
2018F119.7
2018M120.1
2018A120.6
2018M121.7
Source: CBS, Kadaster

House prices almost 9 percent higher in May

In May 2018, prices of owner-occupied houses (excluding new constructions) were on average 8.9 percent higher than in the same month last year. The price increase was slightly higher than in the previous two months.

Price development of existing owner-occupied dwellings
   change (year-on-year % change)
2014J2.2
2014J1.9
2014A1.7
2014S1.7
2014O2.2
2014N2.3
2014D2
2015J2.1
2015F2.4
2015M2.7
2015A2.3
2015M2.6
2015J2.6
2015J2.7
2015A2.5
2015S3.5
2015O3.4
2015N3.8
2015D3.2
2016J4.1
2016F3.8
2016M4.3
2016A4.2
2016M4.3
2016J4.6
2016J4.9
2016A6
2016S5.9
2016O5.6
2016N6
2016D6.7
2017J6.4
2017F6.7
2017M7.3
2017A7.4
2017M7.8
2017J8
2017J7.6
2017A7.8
2017S7.3
2017O8.2
2017N8.2
2017D8.2
2018J8.8
2018F9.5
2018M8.6
2018A8.8
2018M8.9
Source: CBS, Kadaster

Number of house sales down

According to figures released last Monday by the Dutch Land Registry Office, 18,237 houses were sold in May 2018. In the first five months of 2018, 86,609 houses were sold, a decrease of 6.5 percent compared to the same period in 2017.