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House prices reach a new record, are 28% up on five years ago

June 21, 2018
Photo: Niels van der Pas
Photo: Niels van der Pas

House prices in the Netherlands have now reached their highest ever level, surpassing the previous peak of August 2008, before the start of the economic crisis.

House prices in May were an average 9% up on a year ago, according to new figures from the national statistics office CBS and land registry Kadaster.

The average price of a property changing hands was €283,945, although there are extremely wide regional variations.

House prices have now risen 28% since their lowest point in June 2013. In total, 18,237 homes changed hands in May, up 2,000 on April.

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