Dutch home prices up 10.2% since April 2024, averaging €472,000

Dutch homes sold with a 10.2 percent year-over-year increase in April 2025, pushing the average cost of an existing owner-occupied residence to 472,054 euros. The annual increase continued to show signs it was leveling off with a prices up 0.7 percent from March, according to Statistics Netherlands (CBS) and the Kadaster land registry. Nearly 19,000 homes were sold during the month of April.

The annual price increase was at 11.9 percent in November before falling to 11 percent for the 2024 calendar year. It then rose back up a bit in January before dropping back down in the the three months that followed. Overall, prices have been growing for nearly 18 months after a period of contraction lasted throughout most of 2023.

Affordability challenges remain a concern as the demand is high, salaries are rising, availability is low, and mortgage rates are generally favorable. As such, the pricing has increased accordingly. While the average transaction price provides a snapshot, the CBS and Kadaster emphasize using the price index for tracking long-term trends, as it accounts for quality differences between homes.

This index has prices pegged at almost 47.6 percent higher when compared to the baseline in 2020. "The prices of existing owner-occupied homes peaked in July 2022. The trend then reversed and the price index fell for some time," the CBS wrote.

"However, the trend has been on the rise again since June 2023. In April, prices were on average 11.0 percent higher than at the previous peak in July 2022."

The real estate market also saw a significant boost in activity, with 18,915 home transactions registered by Kadaster in April, an increase of nearly 21 percent compared to the same month last year. For the first four months of 2025, a total of 70,389 homes were sold, representing a robust 17 percent rise from the previous year.

The strong demand in the Dutch housing market has continued amid ongoing concerns about shortages. Successive Cabinets have laid out unrealized plans to stimulate new housing construction, with targets of around 100,000 residential units to be built annually.

Last year, residential building permits hit the highest level in a decade, rising by 21 percent, with permits granted for the constructions of about 67,000 new homes. Only 4,541 new homes actually broke ground in Amsterdam last year, with the city's current coalition government pushing an annual goal of 7,500.