Rising housing prices in the Netherlands
In the last year house prices in the Netherlands rose nearly 8%. The province Groningen profited the most.
According to figures published by the national statistics office CBS and the land registry agency Kadaster, housing prices in the Netherlands averagely rose by 7.8%. This increase was especially noteworthy in Groningen. In the provice Noord-Holland the increase was lower than expected, namely 6.5%. Of the four big cities in The Netherlands, Amsterdam showed the lowest rise at 4.7%, which was half that of Utrecht.
Apart from the average price increases, more properties transferred ownership, the CBS notes. The year 2020 showed an increase of 7.7%, compared to 2019, with 236,000 homes ending up with a new owner.
Earlier this January, NVM – a real estate agents’ association, commented that house prices were up almost 12% year on year by the end of December. The increase was strongest (22%) in Hardenberg, near the German border and most modest (3.4%) in Amsterdam.
These figures provided by NVM are based on the results provided by member real-estate agencies, which is about two thirds of all Dutch real estate agents.
If you are interested in information about purchasing a property in the Netherlands, please contact our Relocation Department at firstname.lastname@example.org.
- 4 February 2021
- Posted by: Expat Management Group
- Category: Insights