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Spatial developments

House prices, 2015

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House prices (excluding new construction) were 2.8 percent higher on average in 2015 than in 2014. House buyers paid an average 230 thousand euros for a house. For the second year in a row there has been an increase in the price.

House prices still much cheaper in 2015 than in peak year 2008

According to the house price index, prices of existing homes (i.e. excluding new construction) were 2.8 percent higher in 2015 than in 2014. Compared with 2008, when Dutch house prices peaked, prices were more than 16 percent lower.
Home buyers spent an average 230 thousand euros for a property in 2015. In 2008 this was 255 thousand euros; a decrease of almost 10 percent. This is a smaller decrease than the above-mentioned 16 percent because the average house price does not take into account the different types of dwellings. The average price fell by less than house prices overall because buyers bought more relatively costlier homes in 2015 than in 2008.

Smallest price decrease in Zeeland

House prices have fallen in all provinces in the last seven years. The decrease was largest in Friesland: over 20 percent. Zeeland is quite remarkable in this respect: house prices in this province fell by around 12 percent. By comparison, the province with second smallest price decrease was North-Holland, with more than 13 percent.
The average price of sold houses was lowest in Groningen and highest in North Holland. On average, house buyers paid 102 thousand euros more in North Holland than in Groningen. In the previous year the average price of sold houses was also highest in North Holland.

References

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CBS, PBL, RIVM, WUR (2016). House prices, 2015 (indicator 2115, version 07 , 25 February 2016 ). www.environmentaldata.nl. Statistics Netherlands (CBS), The Hague; PBL Netherlands Environmental Assessment Agency, The Hague; RIVM National Institute for Public Health and the Environment, Bilthoven; and Wageningen University and Research, Wageningen.

The Environmental Data Compendium is a partnership of CBS, PBL, RIVM and WUR.