Home prices climbed 5% in March; Price increases still levelling off
In March, owner-occupied homes were 5 percent more expensive than in the same month last year, meaning that the rise in home prices has again leveled off slightly. Compared to February, existing home prices rose by 0.3 percent, Statistics Netherlands and the Land Registry report based on the latest figures.
Owner-occupied homes in the Netherlands sold for an average of over €494,600.
The prices peaked in July 2022, after which they fell until June 2023. Since then, average prices for owner-occupied homes have risen every month. In March, prices were an average of 16 percent higher than at the peak in July 2022.
According to housing experts, the fact that prices are now levelling off is due to landlords selling rental properties into the purchase market due to rent regulation. The stricter legislation made it less profitable to rent out homes. As a result, tenants are finding it more difficult to find a home.
In March, 19,381 homes were sold, nearly 13 percent more than a year earlier. In the first quarter, nearly 56,000 homes changed hands, 9 percent more than in the same period last year.
For the whole of 2025, prices of existing owner-occupied homes rose by an average of 8.6 percent compared to a year earlier.
Reporting by ANP
