House prices 9 percent higher in July

21/08/2018 15:00

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In July 2018, prices of owner-occupied houses (excluding new constructions) were on average 9.0 percent higher than in the same month last year. The price increase was slightly higher than in the preceding months. House prices were at an all-time high in July 2018, according to the price index of owner-occupied houses, a joint publication by Statistics Netherlands (CBS) and the Land Registry Office (Kadaster).

Price development of existing owner-occupied dwellings
Year	Month	Change (year-on-year % change)
2014	August	1.7
2014	September	1.7
2014	October	2.2
2014	November	2.3
2014	December	2
2015	January	2.1
2015	February	2.4
2015	March	2.7
2015	April	2.3
2015	May	2.6
2015	June	2.6
2015	July	2.7
2015	August	2.5
2015	September	3.5
2015	October	3.4
2015	November	3.8
2015	December	3.2
2016	January	4.1
2016	February	3.8
2016	March	4.3
2016	April	4.2
2016	May	4.3
2016	June	4.6
2016	July	4.9
2016	August	6
2016	September	5.9
2016	October	5.6
2016	November	6
2016	December	6.7
2017	January	6.4
2017	February	6.7
2017	March	7.3
2017	April	7.4
2017	May	7.8
2017	June	8
2017	July	7.6
2017	August	7.8
2017	September	7.3
2017	October	8.2
2017	November	8.2
2017	December	8.2
2018	January	8.8
2018	February	9.5
2018	March	8.6
2018	April	8.8
2018	May	8.9
2018	June	8.9
2018	July	9
Source: CBS, Kadaster

Price development of existing owner-occupied dwellings
Year	Month	Change (year-on-year % change)
2014	August	1.7
2014	September	1.7
2014	October	2.2
2014	November	2.3
2014	December	2
2015	January	2.1
2015	February	2.4
2015	March	2.7
2015	April	2.3
2015	May	2.6
2015	June	2.6
2015	July	2.7
2015	August	2.5
2015	September	3.5
2015	October	3.4
2015	November	3.8
2015	December	3.2
2016	January	4.1
2016	February	3.8
2016	March	4.3
2016	April	4.2
2016	May	4.3
2016	June	4.6
2016	July	4.9
2016	August	6
2016	September	5.9
2016	October	5.6
2016	November	6
2016	December	6.7
2017	January	6.4
2017	February	6.7
2017	March	7.3
2017	April	7.4
2017	May	7.8
2017	June	8
2017	July	7.6
2017	August	7.8
2017	September	7.3
2017	October	8.2
2017	November	8.2
2017	December	8.2
2018	January	8.8
2018	February	9.5
2018	March	8.6
2018	April	8.8
2018	May	8.9
2018	June	8.9
2018	July	9
Source: CBS, Kadaster

House prices continue to rise

House prices reached a record high in August 2008 and subsequently started to decline, reaching a low in June 2013. The trend has been upward since then. In May 2018, the price index of owner-occupied houses exceeded the record level of August 2008 for the first time; prices continued to rise throughout June and July 2018, ending at their highest level since the start of this price index in 1995. Compared to the low in June 2013, house prices were up by more than 30 percent on average.

Price index of existing-occupied dwellings
Year	Month	Index (2015=100)
2008	January	119
2008	February	119
2008	March	119.4
2008	April	119.5
2008	May	119
2008	June	119.3
2008	July	120.3
2008	August	120.9
2008	September	120.5
2008	October	120.2
2008	November	119.3
2008	December	119.5
2009	January	120.1
2009	February	118.9
2009	March	117.7
2009	April	116.8
2009	May	116
2009	June	114.8
2009	July	114.9
2009	August	114.2
2009	September	113.8
2009	October	113.9
2009	November	113.4
2009	December	112.7
2010	January	113
2010	February	113.3
2010	March	113.1
2010	April	113.9
2010	May	113.1
2010	June	112.9
2010	July	113.6
2010	August	113.7
2010	September	112.9
2010	October	112.4
2010	November	112.1
2010	December	111.8
2011	January	111.6
2011	February	111.2
2011	March	111.7
2011	April	111.2
2011	May	111.1
2011	June	110.9
2011	July	111
2011	August	110.3
2011	September	109.4
2011	October	109.2
2011	November	108.4
2011	December	107.2
2012	January	107.6
2012	February	107.4
2012	March	105.8
2012	April	105
2012	May	104.3
2012	June	105.3
2012	July	101.2
2012	August	100.8
2012	September	100.2
2012	October	99.9
2012	November	100.5
2012	December	99.8
2013	January	96.9
2013	February	98.1
2013	March	98.2
2013	April	96.8
2013	May	95.5
2013	June	95
2013	July	96.1
2013	August	96.3
2013	September	96.1
2013	October	95.9
2013	November	95.5
2013	December	96.1
2014	January	96.4
2014	February	96.4
2014	March	96.1
2014	April	96.9
2014	May	96.8
2014	June	97.1
2014	July	97.9
2014	August	97.9
2014	September	97.7
2014	October	98
2014	November	97.7
2014	December	97.9
2015	January	98.4
2015	February	98.7
2015	March	98.8
2015	April	99.1
2015	May	99.4
2015	June	99.6
2015	July	100.5
2015	August	100.4
2015	September	101.2
2015	October	101.4
2015	November	101.5
2015	December	101.1
2016	January	102.4
2016	February	102.5
2016	March	103
2016	April	103.2
2016	May	103.7
2016	June	104.3
2016	July	105.5
2016	August	106.4
2016	September	107.2
2016	October	107
2016	November	107.5
2016	December	107.9
2017	January	108.9
2017	February	109.3
2017	March	110.5
2017	April	110.9
2017	May	111.7
2017	June	112.5
2017	July	113.5
2017	August	114.6
2017	September	115
2017	October	115.8
2017	November	116.4
2017	December	116.8
2018	January	118.6
2018	February	119.7
2018	March	120.1
2018	April	120.6
2018	May	121.7
2018	June	122.5
2018	July	123.7
Source: CBS, Kadaster

Price index of existing-occupied dwellings
Year	Month	Index (2015=100)
2008	January	119
2008	February	119
2008	March	119.4
2008	April	119.5
2008	May	119
2008	June	119.3
2008	July	120.3
2008	August	120.9
2008	September	120.5
2008	October	120.2
2008	November	119.3
2008	December	119.5
2009	January	120.1
2009	February	118.9
2009	March	117.7
2009	April	116.8
2009	May	116
2009	June	114.8
2009	July	114.9
2009	August	114.2
2009	September	113.8
2009	October	113.9
2009	November	113.4
2009	December	112.7
2010	January	113
2010	February	113.3
2010	March	113.1
2010	April	113.9
2010	May	113.1
2010	June	112.9
2010	July	113.6
2010	August	113.7
2010	September	112.9
2010	October	112.4
2010	November	112.1
2010	December	111.8
2011	January	111.6
2011	February	111.2
2011	March	111.7
2011	April	111.2
2011	May	111.1
2011	June	110.9
2011	July	111
2011	August	110.3
2011	September	109.4
2011	October	109.2
2011	November	108.4
2011	December	107.2
2012	January	107.6
2012	February	107.4
2012	March	105.8
2012	April	105
2012	May	104.3
2012	June	105.3
2012	July	101.2
2012	August	100.8
2012	September	100.2
2012	October	99.9
2012	November	100.5
2012	December	99.8
2013	January	96.9
2013	February	98.1
2013	March	98.2
2013	April	96.8
2013	May	95.5
2013	June	95
2013	July	96.1
2013	August	96.3
2013	September	96.1
2013	October	95.9
2013	November	95.5
2013	December	96.1
2014	January	96.4
2014	February	96.4
2014	March	96.1
2014	April	96.9
2014	May	96.8
2014	June	97.1
2014	July	97.9
2014	August	97.9
2014	September	97.7
2014	October	98
2014	November	97.7
2014	December	97.9
2015	January	98.4
2015	February	98.7
2015	March	98.8
2015	April	99.1
2015	May	99.4
2015	June	99.6
2015	July	100.5
2015	August	100.4
2015	September	101.2
2015	October	101.4
2015	November	101.5
2015	December	101.1
2016	January	102.4
2016	February	102.5
2016	March	103
2016	April	103.2
2016	May	103.7
2016	June	104.3
2016	July	105.5
2016	August	106.4
2016	September	107.2
2016	October	107
2016	November	107.5
2016	December	107.9
2017	January	108.9
2017	February	109.3
2017	March	110.5
2017	April	110.9
2017	May	111.7
2017	June	112.5
2017	July	113.5
2017	August	114.6
2017	September	115
2017	October	115.8
2017	November	116.4
2017	December	116.8
2018	January	118.6
2018	February	119.7
2018	March	120.1
2018	April	120.6
2018	May	121.7
2018	June	122.5
2018	July	123.7
Source: CBS, Kadaster

Number of house sales down

According to figures released last Friday by the Dutch Land Registry Office, 19,580 houses were sold in July 2018. In the first seven months of 2018, 124,615 houses were sold, a decrease of over 7 percent compared to the same period in 2017.

Sources

StatLine - House Price Index; existing own homes
StatLine - House Price Index by region
StatLine - House Price Index by type of dwelling

House prices continue to rise

Number of house sales down

Sources

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