Housing Index in Netherlands increased to 145.50 points in January from 143.30 points in December of 2024. This dataset provides - Netherlands House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

House prices in the Netherlands had been on an upward trend for nearly nine years, before starting to decline for most of 2023. In December 2023, the average house price rose by 1.6 percent from the same period the year before. In comparison, in December 2022, house prices soared by 2.7 percent because of the low mortgage rates, a recovering economy and a high level of consumer confidence at the time. According to a forecast released in October 2023, real estate prices were expected to decline in 2024.

Graph and download economic data for Residential Property Prices for Netherlands (QNLN628BIS) from Q1 1970 to Q3 2024 about Netherlands, residential, HPI, housing, price index, indexes, and price.

Netherlands - House price index was 10.30% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Netherlands - House price index - last updated from the EUROSTAT on February of 2025. Historically, Netherlands - House price index reached a record high of 19.00% in March of 2022 and a record low of -9.00% in September of 2012.

The average sales price of a home in the Netherlands peaked in August 2022, followed by a decline in the following months. In December 2023, it cost on average over 422,000 euros to buy a home, up from 400,000 euros in the same month the year before. According to a forecast released in October 2023, house prices are expected to continue to decline throughout 2024. Some of the factors influencing the market are the declining transaction activity and the higher interest rates.

In recent years, the housing market has continued to rise in the Netherlands due to low mortgage rates, a recovering economy and a high level of consumer confidence. For example, the number of registered transactions reached a value of approximately 226,000 in 2021 and the average selling price of houses was over 386,000 euros. In 2024, real estate prices are expected to decline.

The average price paid when a Dutch private individual bought existing residential property in 2023 was about 416,000 euros. In recent years, the housing market has continued to grow in the Netherlands due to low mortgage rates, a recovering economy and a high level of consumer confidence. For example, the number of registered transactions nearly doubled between 2011 and 2021, before declining in 2022.

This table shows the average purchase price that has been paid in the reporting period for existing own homes purchased by a private individual. The average purchase price of existing own homes may differ from the price index of existing own homes. The average purchase price is no indicator for price developments of owner-occupied residential property. The average purchase price reflects the average price of dwellings sold in a particular period. The fact that de dwellings sold differs from one period to another is not taken into account. The following instance explains which problems are entailed by the continually changing of the quality of the dwellings sold. Suppose in February of a particular year mainly big houses with extensive gardens beautifully situated alongside canals are sold, whereas in March many small terraced houses are sold. In that case the average purchase price in February will be higher than in March but this does not mean that house prices are increased. See note 3 for a link to the article 'Why the average purchase price is not an indicator'.

Data available from: 1995

Status of the figures: The figures in this table are immediately definitive. The calculation of these figures is based on the number of notary transactions that are registered every month by the Dutch Land Registry Office (Kadaster). A revision of the figures is exceptional and occurs specifically if an error significantly exceeds the acceptable statistical margins. The average purchasing prices of existing owner-occupied sold homes can be calculated by Kadaster at a later date. These figures are usually the same as the publication on Statline, but in some periods they differ. Kadaster calculates the average purchasing prices based on the most recent data. These may have changed since the first publication. Statistics Netherlands uses figures from the first publication in accordance with the revision policy described above.

Changes as of 17 February 2025: Added average purchase prices of the municipalities for the year 2024.

When will new figures be published? New figures are published approximately one to three months after the period under review.

The figures of existing own homes are related to the stock of existing own homes. Besides the price indices, figures are also published about the numbers sold, the average purchase price, and the total sum of the purchase prices of the sold dwellings. The House Price Index of existing own homes is based on a complete registration of sales of dwellings by the Dutch Land Registry Office (Kadaster) and the (WOZ) value of all dwellings in the Netherlands. Indices may fluctuate, for example if a small number of dwellings are sold in a certain region. In such cases we recommended using the long-term figures. The average purchase price of existing own homes may differ from the price index of existing own homes. The change in the average purchase price, however, is not an indicator for price developments of existing own homes.

Data available from: 1st quarter 1995 to 4th quarter 2023

Status of the figures: The figures in this table are immediately definitive. The calculation of these figures is based on the number of notary transactions that are registered every month by the Dutch Land Registry Office (Kadaster). A revision of the figures is exceptional and occurs specifically if an error significantly exceeds the acceptable statistical margins. The numbers of existing owner-occupied sold homes can be recalculated by Kadaster at a later date. These figures are usually the same as the publication on Statline, but in some periods they differ. Kadaster calculates the average purchasing prices based on the most recent data. These may have changed since the first publication. Statistics Netherlands uses figures from the first publication in accordance with the revision policy described above.

Changes as of 6 June 2024: This table has been discontinued. This table is followed by Existing own homes; purchase prices, price index 2020=100, region. See paragraph 3.

From reporting period 2024 quarter 1, the base year of the House Price Index for Existing Dwellings (PBK) will be adjusted from 2015 to 2020. In April 2024, the first figures of this new series will be released. These figures will be available in a new StatLine table. The old series (base year = 2015) can still be consulted via StatLine, but will no longer be updated.

There are large differences in house prices in different cities in the Netherlands but generally, cities situated further away from the "Randstad" (the area in the Netherlands that mainly consists of Amsterdam, Rotterdam, The Hague and Utrecht), were less expensive than the ones close to it. In 2022, the average selling price of residential real estate in some of the largest cities in the Netherlands ranged between approximately 621,000 euros in Amsterdam and 288,000 euros in Leeuwarden. Overall, Utrecht was the most expensive province to buy a single-family house in 2022, with the average price exceeding the national average by close to 200,000 euros.

The figures of existing own homes are related to the stock of existing own homes. Besides the price indices, figures are also published about the numbers sold, the average purchase price, and the total sum of the purchase prices of the sold dwellings. The House Price Index of existing own homes is based on a complete registration of sales of dwellings by the Dutch Land Registry Office (Kadaster) and the (WOZ) value of all dwellings in the Netherlands. Indices may fluctuate, for example if a small number of dwellings are sold in a certain region. In such cases we recommended using the long-term figures. The average purchase price of existing own homes may differ from the price index of existing own homes. The change in the average purchase price, however, is not an indicator for price developments of existing own homes.

Data available from: 1st quarter 1995

Status of the figures: The figures in this table are immediately definitive. The calculation of these figures is based on the number of notary transactions that are registered every month by the Dutch Land Registry Office (Kadaster). A revision of the figures is exceptional and occurs specifically if an error significantly exceeds the acceptable statistical margins. The numbers of existing owner-occupied sold homes can be recalculated by Kadaster at a later date. These figures are usually the same as the publication on Statline, but in some periods they differ. Kadaster calculates the average purchasing prices based on the most recent data. These may have changed since the first publication. Statistics Netherlands uses figures from the first publication in accordance with the revision policy described above.

Changes as of 28 January 2025: The figures for the 4th quarter and the year 2024 have been changed and become final.

Changes as of 22 January 2025: Figures for reporting period 4th quarter and the year 2024 are added. The figures of the Price Index for Existing own homes are in the current publication unfortunately provisional. The calculations are based on incomplete data. This may lead to an adjustment of the figures. The expectation is that this adjustment will be limited.

When will new figures be published? New figures are published about 22 days after the period under review.

Key information about House Prices Growth

• Netherlands house prices grew 11.5% YoY in Jan 2025, following an increase of 10.9% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1996 to Jan 2025, with an average growth rate of 4.7%.
• House price data reached an all-time high of 20.9% in Jan 2022 and a record low of -9.6% in Jan 2013.

House Price Index YoY in Netherlands increased to 10.30 percent in the third quarter of 2024 from 7.70 percent in the second quarter of 2024. This dataset includes a chart with historical data for Netherlands House Price Index YoY.

What is the average price of residential property in the Netherlands? In the third quarter of 2024, a single-family home cost approximately 434,000 euros. There were large differences between the Dutch provinces, however. Single-family homes were most expensive in the central province of Utrecht with an average price of 731,000 euros, whereas a similar house in Groningen had an average price tag of 384,000 euros. Overall, the average price a private individual would pay when buying any type of existing residential property (such as single-family homes but also, for example, an apartment) was approximately 416,000 euros in 2023. Do the Dutch prefer to buy or to rent a house? The Netherlands had a slightly higher homeownership rate (the share of owner-occupied dwellings of all homes) in 2023 than other countries in Northwestern Europe. About 70 percent of all Dutch houses were owned, whereas this percentage was lower in Germany, France, and the United Kingdom. This is an effect of past developments: the price to rent ratio (the development of the nominal purchase price of a house divided by the annual rent of a similar place with 2015 as a base year) shows that the gap between house prices and rents has continuously widened in recent years. Despite a slight decline in the ratio due to slowing house price growth and accelerating rental growth, in 2023, the cost of buying a home had grown significantly faster relative to the cost of renting. Mortgages in the Netherlands Additionally, the Netherlands has one of the highest mortgage debts among private individuals in Europe. In 2024, total debt exceeded 839 billion euros. This has a political background, as the Dutch tax system allowed homeowners for many years to deduct interest paid on mortgage from pre-tax income for a maximum period of thirty years, essentially allowing for income support for homeowners. In the Netherlands, this system is known as hypotheekrenteaftrek. Note that since 2014, the Dutch government is slowly scaling this down, with a planned acceleration from 2020 onwards.

Residential Property Prices in Netherlands increased 10.33 percent in September of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Netherlands Residential Property Prices.

The quarterly pulse monitor expects the Dutch house prices to fall by five percent in 2023 due to the decline in purchasing power, higher cost of borrowing and worsening economic conditions. The price of Dutch residential property in 2022 was approximately 489,000 euros. These developments came on top of other issues that were already prevalent in the Dutch housing market, such as the discussion about nitrogen and its effect on housing construction. The effects of nitrogen on the price of a house At the end of 2019, months before the coronavirus, there was already a lot of uncertainty whether their predictions would hold true. This had to do with the so-called “nitrogen decision” (in Dutch: stikstofbesluit) in May 2019. Simply put, a Dutch advisory body found that the domestic policy for nitrogen emission (formally known as Programmatische Aanpak Stikstof or Programmatic Approach Nitrogen) went against European rules. As of August 2019, a sizable share of the Dutch population was not familiar with this nitrogen policy. However, the advisory body’s decision led to an immediate stop to all construction in the country (amongst other things). By the end of 2019, this stop was still in place. For 2020, newly to be constructed houses have to comply to new rules regarding nitrogen emission. This puts new pressure on a housing market that already had to keep with increasing demand. How about the housing market in Amsterdam? In the year 2022, Amsterdam ranked as the most expensive city in the Netherlands to acquire an apartment, with an average price per square meter that was 2,000 euros more expensive than in Utrecht. Amsterdam was also well above the average rents found in other cities. A house in Amsterdam had a rent of approximately 26 euros per square meter in 2023, whereas rents in Rotterdam cost roughly 18 euros per square meter. It should be noted, however, that rent changes in the Dutch capital are significantly lower than those found in Rotterdam and especially Utrecht.

Rent prices per square meter in the largest Dutch cities have been on an upward trend after a slight decline in 2020. Amsterdam remained the most expensive city to live in, averaging a monthly rent of 27.6 euros per square meter for residential real estate in the private rental sector. Monthly rents in Utrecht were around six euros cheaper per square meter. Both cities were above the average rent price of residential property in the Netherlands overall, whereas Rotterdam and The Hague were slightly below that. Buying versus renting, what do the Dutch prefer? The Netherlands is one of Europe’s leading countries when it comes to homeownership, having funded this with a mortgage. In 2023, around 60 percent of people living in the Netherlands were homeowners with a mortgage. This is because Dutch homeowners were able to for many years to deduct interest paid from pre-tax income (a system known in the Netherlands as hypotheekrenteaftrek). This resulted in the Netherlands having one of the largest mortgage debts across the European continent. Total mortgage debt of Dutch households reached a value of approximately 803 billion euros in 2023. Is the Dutch housing market overheating? There are several indicators for the Netherlands that allow to investigate whether the housing market is overheating or not. House price indices corrected for inflation in the Netherlands suggest, for example, that prices have declined since 2022. The Netherlands’ house-price-to-rent-ratio, on the other hand, has exceeded the pre-crisis level in 2019. These figures, however, are believed to be significantly higher for cities like Amsterdam, as it was suggested for a long time that the prices of owner-occupied houses were increasing faster than rents in the private rental sector.

Rents for unfurnished housing in the Netherlands reached an all-time high in 2023. In the third quarter of the year, the average square meter rent for residential properties reached 17.77 euros, up from 16.9 euros during the same period in 2022. Note that the numbers shown in this statistic are not from a governmental institution, but concern rental housing being offered on the website of the source in the specific quarters. This implies the numbers only show rents of property on the free market and exclude social housing. No difference was made between the type of rental housing, such as houses, apartments, rooms or studios. Big cities well above the average rent price Cities in the Randstad area (the areas surrounding Amsterdam, The Hague, Utrecht and Rotterdam) have a big influence on the average rental price in the Netherlands. This is especially true for Amsterdam, as the Dutch capital registered an average rent price of roughly 26 euros per square meter in 2023. The Hague and Rotterdam, on the other hand, had rental rates below the national average. Are these rents expensive or not? A historical development of rent price indices suggests that rents in the Netherlands are at their highest level since 1990. This graph, however, does not mention whether it has a correction for inflation or not. It is unclear whether any institution researched the development of “real” rent prices in the Netherlands. Statista can offer two components for a potential comparison: the annual housing rent percentage increase since 1990 as well as the inflation rate of the Netherland since 2008.

Graph and download economic data for Housing Inventory: Average Listing Price Month-Over-Month in Amsterdam, NY (CBSA) (AVELISPRIMM11220) from Jul 2017 to Feb 2025 about Amsterdam, average, NY, listing, price, and USA.

Amsterdam was the most expensive Dutch city to buy an apartment in, with the average square meter price at 7,900 euros in 2024. The price of an apartment in The Hague was significantly lower, at 5,000 euros per square meter.

This dataset visualises the spatial distribution of the rental value in Amsterdam between 1647 and 1652. The source of rental value comes from the Verponding registration in Amsterdam. The verponding or the ‘Verpondings-quohieren van den 8sten penning’ was a tax in the Netherlands on the 8th penny of the rental value of immovable property that had to be paid annually. In Amsterdam, the citywide verponding registration started in 1647 and continued into the early 19th century. With the introduction of the cadastre system in 1810, the verponding came to an end.

The original tax registration is kept in the Amsterdam City Archives (Archief nr. 5044) and the four registration books transcribed in this dataset are Archief 5044, inventory 255, 273, 281, 284. The verponding was collected by districts (wijken). The tax collectors documented their collecting route by writing down the street or street-section names as they proceed. For each property, the collector wrote down the names of the owner and, if applicable, the renter (after ‘per’), and the estimated rental value of the property (in guilders). Next to the rental value was the tax charged (in guilders and stuivers). Below the owner/renter names and rental value were the records of tax payments by year.

This dataset digitises four registration books of the verponding between 1647 and 1652 in two ways. First, it transcribes the rental value of all real estate properties listed in the registrations. The names of the owners/renters are transcribed only selectively, focusing on the properties that exceeded an annual rental value of 300 guilders. These transcriptions can be found in Verponding1647-1652.csv. For a detailed introduction to the data, see Verponding1647-1652_data_introduction.txt.

Second, it geo-references the registrations based on the street names and the reconstruction of tax collectors’ travel routes in the verponding. The tax records are then plotted on the historical map of Amsterdam using the first cadaster of 1832 as a reference. Since the geo-reference is based on the street or street sections, the location of each record/house may not be the exact location but rather a close proximation of the possible locations based on the street names and the sequence of the records on the same street or street section. Therefore, this geo-referenced verponding can be used to visualise the rental value distribution in Amsterdam between 1647 and 1652. The preview below shows an extrapolation of rental values in Amsterdam. And for the geo-referenced GIS files, see Verponding_wijken.shp.

GIS specifications:

Coordination Reference System (CRS): Amersfoort/RD New (ESPG:28992)

Historical map tiles URL (From Amsterdam Time Machine)

NB: This verponding dataset is a provisional version. The georeferenced points and the name transcriptions might contain errors and need to be treated with caution.

Contributors

Historical and archival research: Weixuan Li, Bart Reuvekamp

Plotting of geo-referenced points: Bart Reuvekamp

Spatial analysis: Weixuan Li

Mapping software: QGIS

Acknowledgements: Virtual Interiors project, Daan de Groot