Dutch home prices reached record €468,000 in June; Increases slowing down

On average, homebuyers paid over €468,000 last month, a new record. According to Statistics Nehterlands (CBS), existing homes were therefore 8.6 percent more expensive than in the same month a year earlier. In June, prices rose by 9.3 percent, in May by 9.7 percent, and in April by 10.2 percent.

The rise in Dutch home prices weakened further in July, suggesting that the previously observed increase in the number of homes for sale also had a downward effect on prices at the beginning of the third quarter.

The Land Registry recorded over 21,000 housing transactions last month. That is almost 14 percent more than a year earlier. In the first seven months of 2025, over 130,000 homes have been sold.

The NVM, the Dutch Association of Realtors, previously reported in its own figures that 52,000 homes went on sale in the second quarter, the highest number since 2008. According to the NVM, this was mainly due to the sale of former rental properties.

Landlords are more likely to sell their rental properties into the owner-occupied market when a lease expires because changes in legislation have made it less attractive for them to re-let a property. Many of these former rentals are, on average, somewhat cheaper than other properties. This also impacted the average price increase, according to the realtors.

According to the NVM, home prices could rise more sharply again next year. The wave of rentals sold will likely end sometime next year. After that, the influx of homes will likely decline again if the government does not take more measures to stimulate new construction.

Home prices peaked in July 2022. The trend then reversed, and prices fell for a while. The trend has been rising again since June 2023, mainly due to the still-tight housing supply, but other factors like the mortgage interest rate and the strong increase in wages also play a role.