Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Sold sign in front of a home
Sold sign in front of a home - Credit: Photo: Feverpitch/DepositPhotos
Business
Statistics Netherlands
existing house prices
house prices
Arjen Gielen
WEW
National Mortgage Guarantee
Saturday, 21 September 2019 - 08:00
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Dutch home prices still on the rise, though slowing down

Existing homes in the Netherlands were 5.7 percent more expensive in August than in the same month last year, Statistics Netherlands reported on Friday. While home prices are still on the rise, the increases seem to be slowing down. August's increase was the lowest in nearly three years.

In August, the average price for an existing home was 316,183 euros. That is 5.7 percent more than the average of 309,686 euros in August 2018.

The number of homes sold decreased, due to the tension on the housing market. Last month a total of 19,583 homes were sold, 6.3 percent less than in August last year. In the first eight months of this year a total of 140,559 homes were sold, 3 percent lower than in the same period in 2018.

Along with the increasing house prices, the National Mortgage Guarantee - which ensures that your residual debt will be waived if you are forced to sell your home - is also on the rise. This guarantee will be 310 thousand euros nest year, topping the 300 thousand euro mark for the first time ever, the homeowner's guarantee fund WEW announced on Friday, according to RTL Z. This year the guarantee was 290 thousand euros.

According to WEW director Arjen Gielen, this is a good development, especially for people just starting out on the housing market. "This brings the cost limit back in line with the average home value", he said to the broadcaster.

Follow us:

Latest stories

  • Some 1.5 million buttons needed for monument to Jewish children killed in Holocaust
  • Millions of computer chips from Dutch manufacturers wound up in Russia: Report
  • High energy bills made life very difficult for 600,000 households in 2022
  • Teens could get 20 months for shooting 17-year-old in face with sawed-off shotgun
  • Dutch meteorologists say Musk's Starlink network disrupts weather forecasting
  • Money woes mean solar car firm Lightyear’s 600 workers expected to lose jobs

Top stories

  • Millions of computer chips from Dutch manufacturers wound up in Russia: Report
  • High energy bills made life very difficult for 600,000 households in 2022
  • Philips to slash over a thousand jobs in new reorganization: Report
  • Netherlands heading for "socially disruptive" asylum crisis, involved authorities warn
  • Climate activists released from custody; Banned from Hague highway for months
  • Alfred Schreuder fired as Ajax manager

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content