![]() Sources: Statistics Netherlands (CBS), Global Property Guide In fact, house prices rose by just 1.2% in Amsterdam and 2.5% in The Hague, and actually declined by 1.2% in Utrecht. However, during 2022, house price growth in the country slowed to 5.1%. Despite the Covid-19 pandemic, nationwide house prices rose by a huge 27.3% from 2020 to 2021. From Q1 2014 to Q4 2019, house prices rose by almost 40% nationally, with very strong increases in Amsterdam (77.4% growth) and Rotterdam (61.8% growth). ![]() Corner houses saw an average price decline of 0.8% (-6.9% inflation-adjusted) y-o-y in Q1 2023, following an annual price increase of 20.1% in the previous year.Īfter a housing boom lasting almost 15 years, the Dutch housing market weakened in 2008 and only began to recover in 2014.Semi-detached house prices fell slightly by 0.6% (-6.8% inflation-adjusted), in stark contrast to a y-o-y increase of 19.9% in the same period last year.Detached house prices rose slightly by 1.6% during the year to Q1 2023 but actually declined by 4.7% when adjusted for inflation – after increasing strongly by 20.8% in the previous year.Terraced house prices were down slightly by 1.7% (-7.8% inflation-adjusted), following a huge y-o-y increase of 20.8% in Q1 2022.Apartment prices fell by 2.7% (-8.8% inflation-adjusted) y-o-y, in sharp contrast to the prior year’s 18.7% increase.Quarter-on-quarter, house prices in the capital city fell by 2.2% (-0.8% inflation-adjusted) in Q1 2023 while they dropped 3.7% (-2.3% inflation-adjusted) on a national level.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |