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House prices rose nearly 9% in May

Broadcast United News Desk
House prices rose nearly 9% in May

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Price trends of existing owner-occupied housing
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 possible 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 possible 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 possible -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 possible 8.6
Source: CBS, Kadaster

House prices rose 1.1% in April

The existing owner-occupied housing price index rose by 1.1 PercentIn May, prices fell compared to April. Dutch house prices peaked in July 2022. Since then, prices have been falling for a year. Since June 2023, prices for owner-occupied homes have been rising again. In May 2024, prices averaged 1Every .8That’s one percent higher than the peak in July 2022.

Existing Owner-Occupied Home Price Index
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 possible 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 possible 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 possible 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 possible 135.4
Source: CBS, Kadaster

Home sales increase in May

According to the Netherlands Cadastral Office, the total number of homes bought and sold in May was 17,591. This is 1.5 times more than in the same period last year.6.5 pointsThis is up 1% from a year ago. In the first five months of this year, a total of 77,721 homes changed hands, an increase of nearly 1% year-on-year.4 peopleIn the past year.

In May, the average transaction price of owner-occupied homes was €445,430. However, it is not the transaction price that is used to determine price changes for existing owner-occupied homes, but rather the price index. Unlike the price index, the average transaction price does not take into account differences in the quality of the homes.

Number of existing owner-occupied homes sold
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 possible -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 possible -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 possible -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 possible 16.5
Source: CBS, Kadaster

CBS publishes price information by region and housing type every quarter. The next quarter’s results will be released on July 22.

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