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A woman walks by two homes for sale on the Javastraat in Amsterdam-Oost in July 2023.
A woman walks by two homes for sale on the Javastraat in Amsterdam-Oost in July 2023. - Credit: NL Times / NL Times - License: All Rights Reserved
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Statistics Netherlands
CBS
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De Hypotheker
housing market
owner-occupied home
home price
housing shortage
Randstad
Groningen province
Overijssel
Drenthe
Tuesday, 22 July 2025 - 07:36

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Homes 9 percent more expensive than June last year

Existing owner-occupied homes became 9.3 percent more expensive in June compared to the same month a year earlier, according to Statistics Netherlands (CBS) and the Land Registry based on the latest figures. The number of homes sold increased significantly despite the higher prices. According to De Hypotheker, an increasing number of homebuyers are seeking refuge outside the Randstad.

An existing home cost an average of €474,234 in June, 0.9 percent more than in May. In May, the average price was 9.7 percent higher than in the same month in 2024. The price increase in June was therefore slightly less pronounced, a trend that has been visible for several months.

The rising price of homes is partly due to demand, which far outweighs the tight supply. Falling mortgage interest rates also played a role, as did rising incomes, which give people more to spend.

The Land Registry reported that 18,883 homes were sold in June, almost 29 percent more than a year earlier. The total number of homes sold in the first half of 2025 was 108,886, almost 18 percent more than the same period last year.

Homebuyers are increasingly moving to provinces outside the Randstad, according to De Hypotheker. According to the mortgage advisor, the average mortgage amount for purchasing a home rose by 14 percent in two years, but these amounts rose more sharply during the period in regions like Groningen (up 23 percent), Overijssel (up 22 percent), and Drenthe (up 20 percent).

According to De Hypotheker, one of the reasons for this above-average increase is the high home prices in the Randstad. “As a result of this ‘ripple effect,’ the pressure on the housing market spreads to other parts of the Nehterlands, resulting in a stronger increase in home prices in these areas, which in turn leads to an increase in the average mortgage amount,” De Hypotheker said.

Reporting by ANP

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