The quarterly pulse monitor expects the Dutch house prices to fall by **** 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 ******* 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 ***** 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 ** euros per square meter in 2023, whereas rents in Rotterdam cost roughly ** 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.

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.

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.

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 22 July 2025: Figures for reporting period 2nd quarter 2025 are added.

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

Graph and download economic data for Residential Property Prices for Netherlands (QNLN628BIS) from Q1 1970 to Q4 2024 about Netherlands, residential, HPI, housing, price index, indexes, and price.

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.

Housing Index in Netherlands increased to 149.80 points in June from 148.50 points in May of 2025. This dataset provides - Netherlands House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The price index for existing own dwellings (in Dutch PBK) aims to reflect the changes in prices of the sold existing own dwellings. The dwelling must be located on Dutch territory and sold to a private person. In addition, figures on the number of transactions, the average selling price, and the total value of the selling prices of the sold homes are also available. The price index figures for existing homes are based on a comprehensive registration of home sales transactions by the Kadaster and the WOZ values of all homes in the Netherlands. Index series can fluctuate. It is advisable to use the long-term trends of the price index figures. The average selling price may show a different trend than the price index for existing homes. The development of the average selling price is not an indicator of the price development of existing homes. Data available from: January 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 22 May 2025: New figures for April 2025 are added. When will new figures be published? New figures are published about 22 days after the period under review.

This table shows the price development of existing own homes. Aside from the price indices, Statistics Netherlands also publishes figures on the number of sold dwellings, 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 can fluctuate, for example when a limited number of dwellings of a certain type is sold. In such cases we recommend 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: January 1995 till December 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. From reporting month January 2024, the base year of the House Price Index for Existing Dwellings (PBK) will be adjusted from 2015 to 2020. In February 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 Changes as of 11 March 2024: This table has been discontinued. This table is followed by Existing own homes; purchase prices, price indices 2020=100. See paragraph 3.

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.

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.

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.

This table shows the price development of newly built and existing dwellings purchased by households. Aside from the price indices, Statistics Netherlands also publishes figures on the number, average purchase price and total sum of the purchase prices of the sold dwellings.

Data available from: 1st quarter 2015

Status of the figures: The figures in this table that are associated with existing homes (PBK) are final. The figures in this table that are associated with new dwellings (PNK) are one period provisional. The figures in this table that are associated with the number of sold dwellings and the average purchase price and related to newly built dwellings and total figures are four periods provisional.

Changes as of 4th of July 2025: The figures for the 1st quarter of 2025 have been added and the 1st quarter of 2024 are now final.

Changes as of 27th of June 2024: The figures regarding new-build owner-occupied homes for the period 2023 have been corrected as a result of the application of a new methodology.

When will new figures be published? New figures are published in October 2025.

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 *** percent from the same period the year before. In comparison, in December 2022, house prices soared by *** 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.

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 a certain type of dwellings are sold. 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 Juny 2024: This table has been discontinued. This table is followed by Existing own homes; purchase prices, price index 2020=100, type of dwelling. 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.

The total supply of logistics property in the Netherlands from 2012 to 2020 (in thousand square meters) varied over time. Between 2014 and 2018, logistics property supply saw a year on year decrease, falling from approximately *** million square meters to *** million square meters. In the following years, supply rose, peaking at **** million square meters in 2020.

The source, the NVM, is a Dutch branch organization of real estate agents and appraisers. Almost ** percent of Dutch houses are sold by real estate agents who are members of this organization. Logistics real estate varies in prices based on location: Schiphol was the most expensive place to rent logistics property in 2019, with **** euros per square meter.

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.

This statistic shows the average selling price of houses in Belgium from 1973 to 2017 (in euros). According to the source, the numbers provided concern 'ordinary houses' (in Flemish Dutch: gewone woonhuizen). This in contrast to other numbers, which cover 'villa's, bungalows and mansions', 'apartments, flats and studios' (in Flemish Dutch: villa's, bungalows, landhuizen) and 'building lots' (in Flemish Dutch: bouwgronden). In 2017, the average price paid when selling a house was 216,775 euros.

During the coronavirus (COVID-19) crisis in 2020, house prices in Belgium continued increasing. Unsurprisingly, the Brussels-Capital Region was the most expensive region for housing.

Dutch households had over 839 billion euros of outstanding mortgage loans as of the third quarter of 2024, the highest value on record. Despite its relatively small population size, the Netherlands had a much higher mortgage debt than most other European countries and was not far from those found in the United Kingdom, France, or Germany. This has a political background, as the Dutch government, for many years, wanted to help people to buy a house. The tax system allowed homeowners to deduct interests paid on mortgage from pre-tax income for a maximum period of thirty years. This was known as hypotheekrenteaftrek, and consequently led to the Netherlands becoming the European country with the second-highest share of the population who is an owner-occupier with a mortgage. Since 2014, the Dutch government is slowly scaling this tax facility down, with an acceleration planned from 2020 onwards. What are the biggest companies in the Dutch mortgage market? The top three banks, ABN AMRO, Rabobank and ING, provided 45 percent of mortgages in the Netherlands in the second quarter of 2023. Another seven percent of the market was provided by banks outside the traditional top three. Note that these are combined numbers, as there are no market shares that look at mortgage providers individually. Banks, insurance companies, regiepartijen (funds that originate mortgage loans on behalf of institutional investors, no English word exists for this term) and other providers do not have to share this information openly. The risk of underwater mortgages As many people in the Netherlands both own a house and have a mortgage as well, a big theme is the risk of a house going underwater or negative home equity. This occurs when people effectively pay more for their mortgage than their house is worth and happened, for example, between 2009 and 2013, when the average valuation of a house outweighed the average selling price. For this risk alone, one can find much data on residential property in the Netherlands. For example, quarterly pulse monitors state that housing prices in the Netherlands are set to decline in 2024.

This statistic shows the number of real estate transactions in houses in Flanders, Wallonia and Brussels Capital Region (Belgium) from 1990 to 2017. Belgium as a country has the unique situation that it has four governments: one national and three regional. These governments sometimes work together, but also do things differently from another. When looking at Belgium, one therefore also has to look at the regional level. According to the source, the numbers provided concern 'ordinary houses' (in Flemish Dutch: gewone woonhuizen). This in contrast to other numbers, which cover 'villa's, bungalows and mansions', 'apartments, flats and studios' (in Flemish Dutch: villa's, bungalows, landhuizen) and 'building lots' (in Flemish Dutch: bouwgronden). In 2017, there were approximately 42,000 housing transactions in the Flemish region in Belgium.

During the coronavirus (COVID-19) crisis in 2020, house prices in Belgium continued increasing. Unsurprisingly, the Brussels-Capital Region was the most expensive region for housing.