By 83321,Nl Times

Copyright nltimes

Existing home prices rose by an average of 7.9 percent in August, according to Statistics Netherlands (CBS) and the Land Registry. The rise in home prices has been slowing down for some time. Last month, the average owner-occupied home cost €486,190.

Compared to July, owner-occupied homes rose by an average of 0.5 percent. Home prices peaked in July 2022. The trend then reversed, and prices fell for a while. However, prices have been rising again since June 2023. Home prices are now 14 percent higher than their peak three years ago.

The rising home prices are primarily due to the ongoing tight supply of homes, but other factors, such as mortgage interest rates and strong wage increases, also play a role. The Land Registry reported earlier this month that the number of Dutch mortgages increased significantly in the first half of this year, as did the average mortgage amount for home purchases.

CBS and the Land Registry also noted that more homes changed hands in August. A total of 19,459 homes were sold last month, almost 9 percent more than a year earlier. In the first eight months of 2025, 149,534 homes have changed ownership, a 16 percent increase compared to the first eight months of last year.