House prices up by nearly 9 percent in May
| Year | Month | Change (year-on-year % change price index) |
|---|---|---|
| 2020 | June | 7.7 |
| 2020 | July | 7.6 |
| 2020 | August | 8.3 |
| 2020 | September | 8.7 |
| 2020 | October | 9.1 |
| 2020 | November | 8.9 |
| 2020 | December | 8.3 |
| 2021 | January | 9.3 |
| 2021 | February | 10.2 |
| 2021 | March | 11.1 |
| 2021 | April | 11.2 |
| 2021 | May | 12.8 |
| 2021 | June | 14.5 |
| 2021 | July | 16.1 |
| 2021 | August | 17.6 |
| 2021 | September | 18.3 |
| 2021 | October | 18.2 |
| 2021 | November | 20 |
| 2021 | December | 20.2 |
| 2022 | January | 20.9 |
| 2022 | February | 20 |
| 2022 | March | 19.4 |
| 2022 | April | 19.6 |
| 2022 | May | 18.4 |
| 2022 | June | 16.4 |
| 2022 | July | 14.2 |
| 2022 | August | 11.6 |
| 2022 | September | 9.1 |
| 2022 | October | 7.5 |
| 2022 | November | 4.5 |
| 2022 | December | 2.2 |
| 2023 | January | 0.7 |
| 2023 | February | -1.2 |
| 2023 | March | -2.6 |
| 2023 | April | -4.7 |
| 2023 | May | -5.8 |
| 2023 | June | -5.7 |
| 2023 | July | -5.5 |
| 2023 | August | -4.7 |
| 2023 | September | -3.4 |
| 2023 | October | -2.1 |
| 2023 | November | -0.6 |
| 2023 | December | 1.9 |
| 2024 | January | 1.8 |
| 2024 | February | 4.3 |
| 2024 | March | 5.4 |
| 2024 | April | 7.5 |
| 2024 | May | 8.6 |
| Source: CBS, Kadaster | ||
House prices up by 1.1 percent on April
The price index for existing owner-occupied dwellings increased by 1.1 percent in May relative to April. 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 May 2024, prices were on average 1.8 percent higher than the previous peak in July 2022.
| Year | Month | (2020=100) (2020=100) |
|---|---|---|
| 2020 | June | 99.3 |
| 2020 | July | 100.3 |
| 2020 | August | 101.1 |
| 2020 | September | 102.1 |
| 2020 | October | 103 |
| 2020 | November | 103.3 |
| 2020 | December | 102.9 |
| 2021 | January | 105.4 |
| 2021 | February | 106.6 |
| 2021 | March | 108.3 |
| 2021 | April | 109.4 |
| 2021 | May | 111.7 |
| 2021 | June | 113.7 |
| 2021 | July | 116.4 |
| 2021 | August | 118.9 |
| 2021 | September | 120.7 |
| 2021 | October | 121.8 |
| 2021 | November | 124 |
| 2021 | December | 123.7 |
| 2022 | January | 127.4 |
| 2022 | February | 127.9 |
| 2022 | March | 129.3 |
| 2022 | April | 130.7 |
| 2022 | May | 132.3 |
| 2022 | June | 132.4 |
| 2022 | July | 132.9 |
| 2022 | August | 132.7 |
| 2022 | September | 131.7 |
| 2022 | October | 130.9 |
| 2022 | November | 129.6 |
| 2022 | December | 126.5 |
| 2023 | January | 128.2 |
| 2023 | February | 126.4 |
| 2023 | March | 125.9 |
| 2023 | April | 124.6 |
| 2023 | May | 124.6 |
| 2023 | June | 124.9 |
| 2023 | July | 125.6 |
| 2023 | August | 126.4 |
| 2023 | September | 127.2 |
| 2023 | October | 128.1 |
| 2023 | November | 128.7 |
| 2023 | December | 129 |
| 2024 | January | 130.5 |
| 2024 | February | 131.8 |
| 2024 | March | 132.7 |
| 2024 | April | 133.9 |
| 2024 | May | 135.4 |
| Source: CBS, Kadaster | ||
More homes bought and sold in May
According to The Netherlands’ Cadastre, the total number of dwellings bought and sold recorded during the month of May stood at 17,591. That is an increase of 16.5 percent relative to one year previously. In the first five months of this year, a total of 77,721 dwellings changed ownership; an increase of almost 14 percent year on year.
In May, the average transaction price for an owner-occupied dwelling was 445,430 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.
| Year | Month | Change (year-on-year % change) |
|---|---|---|
| 2020 | June | 14.4 |
| 2020 | July | 7.3 |
| 2020 | August | -2.8 |
| 2020 | September | 12.5 |
| 2020 | October | 17.8 |
| 2020 | November | 0.6 |
| 2020 | December | 16.1 |
| 2021 | January | 39.9 |
| 2021 | February | 9.4 |
| 2021 | March | 35.5 |
| 2021 | April | 0.5 |
| 2021 | May | -12.1 |
| 2021 | June | -0.1 |
| 2021 | July | -15.6 |
| 2021 | August | -9.3 |
| 2021 | September | -14.7 |
| 2021 | October | -26.9 |
| 2021 | November | -13 |
| 2021 | December | -21.6 |
| 2022 | January | -42.7 |
| 2022 | February | -16.8 |
| 2022 | March | -37.3 |
| 2022 | April | -15.7 |
| 2022 | May | -2.3 |
| 2022 | June | -11.6 |
| 2022 | July | -13.8 |
| 2022 | August | -4.9 |
| 2022 | September | 0.3 |
| 2022 | October | -8.2 |
| 2022 | November | -5.6 |
| 2022 | December | 3.8 |
| 2023 | January | -6.6 |
| 2023 | February | -15.5 |
| 2023 | March | -2.4 |
| 2023 | April | -19.8 |
| 2023 | May | -4.1 |
| 2023 | June | 5.9 |
| 2023 | July | -9.1 |
| 2023 | August | -2.9 |
| 2023 | September | -8.7 |
| 2023 | October | 5.7 |
| 2023 | November | 0.7 |
| 2023 | December | -8.3 |
| 2024 | January | 10.1 |
| 2024 | February | 16.5 |
| 2024 | March | 4.7 |
| 2024 | April | 22.4 |
| 2024 | May | 16.5 |
| Source: CBS, Kadaster | ||
Price information by region and type of dwelling is published by CBS every quarter. The next quarterly results will be available on 22 July.
Sources
- StatLine - House Price Index; existing own homes
- StatLine - House Price Index by region
- StatLine - House Price Index by type of dwelling
Related items
- Survey description - Price index existing own homes 2020=100
- Dossier - Business cycle