House prices up by 7.5 percent in April

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In April 2024, existing owner-occupied dwellings were 7.5 percent more expensive, on average, relative to one year previously. Prices were 1.0 percent higher in April than they were in March. This is clear from the price index for existing owner-occupied dwellings by Statistics Netherlands (CBS) and The Netherlands’ Cadastre, Land Registry and Mapping Agency (Kadaster).

Price development of existing owner-occupied dwellings
YearMonthChange (year-on-year % change price index)
2020May7.9
2020June7.7
2020July7.6
2020August8.3
2020September8.7
2020October9.1
2020November8.9
2020December8.3
2021January9.3
2021February10.2
2021March11.1
2021April11.2
2021May12.8
2021June14.5
2021July16.1
2021August17.6
2021September18.3
2021October18.2
2021November20
2021December20.2
2022January20.9
2022February20
2022March19.4
2022April19.6
2022May18.4
2022June16.4
2022July14.2
2022August11.6
2022September9.1
2022October7.5
2022November4.5
2022December2.2
2023January0.7
2023February-1.2
2023March-2.6
2023April-4.7
2023May-5.8
2023June-5.7
2023July-5.5
2023August-4.7
2023September-3.4
2023October-2.1
2023November-0.6
2023December1.9
2024January1.8
2024February4.3
2024March5.4
2024April7.5
Source: CBS, Kadaster

House prices up by 1.0 percent on March

The price index for existing owner-occupied dwellings increased by 1.0 percent in April relative to March. House prices in the Netherlands peaked in July 2022. After that, they declined for a year. Since June 2023, prices of owner-occupied dwellings have been increasing again. In April 2024, it was the first time that prices were higher (0.7 percent) than the previous peak in July 2022.

Price index of existing owner-occupied dwellings
YearMonth(2020=100) (2020=100)
2020May99.1
2020June99.3
2020July100.3
2020August101.1
2020September102.1
2020October103
2020November103.3
2020December102.9
2021January105.4
2021February106.6
2021March108.3
2021April109.4
2021May111.7
2021June113.7
2021July116.4
2021August118.9
2021September120.7
2021October121.8
2021November124
2021December123.7
2022January127.4
2022February127.9
2022March129.3
2022April130.7
2022May132.3
2022June132.4
2022July132.9
2022August132.7
2022September131.7
2022October130.9
2022November129.6
2022December126.5
2023January128.2
2023February126.4
2023March125.9
2023April124.6
2023May124.6
2023June124.9
2023July125.6
2023August126.4
2023September127.2
2023October128.1
2023November128.7
2023December129
2024January130.5
2024February131.8
2024March132.7
2024April133.9
Source: CBS, Kadaster

More homes bought and sold in April

According to The Netherlands’ Cadastre, the total number of dwellings bought and sold recorded during the month of April stood at 15,689. That is an increase of over 22 percent relative to one year previously. In the first four months of this year, a total of 60,130 dwellings changed ownership; an increase of almost 13 percent year on year.

In April, the average transaction price for an owner-occupied dwelling was 435,984 euros. However, it is not the transaction price but the price index that is used to determine price changes for existing owner-occupied dwellings. Unlike the price index, the average transaction price does not take into account differences in the quality of homes.

Number of sold existing owner-occupied dwellings
YearMonthChange (year-on-year % change)
2020May-6.9
2020June14.4
2020July7.3
2020August-2.8
2020September12.5
2020October17.8
2020November0.6
2020December16.1
2021January39.9
2021February9.4
2021March35.5
2021April0.5
2021May-12.1
2021June-0.1
2021July-15.6
2021August-9.3
2021September-14.7
2021October-26.9
2021November-13
2021December-21.6
2022January-42.7
2022February-16.8
2022March-37.3
2022April-15.7
2022May-2.3
2022June-11.6
2022July-13.8
2022August-4.9
2022September0.3
2022October-8.2
2022November-5.6
2022December3.8
2023January-6.6
2023February-15.5
2023March-2.4
2023April-19.8
2023May-4.1
2023June5.9
2023July-9.1
2023August-2.9
2023September-8.7
2023October5.7
2023November0.7
2023December-8.3
2024January10.1
2024February16.5
2024March4.7
2024April22.4
Source: CBS, Kadaster