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House prices up again in March 2025 compared to last year

Huizen met dakkapellen
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Marnix Hazelhoff

03 May 2025

Reading time 4 minutes

The Dutch housing market continues its strong growth. In March 2025, existing owner-occupied homes were on average 10.6 percent more expensive than a year earlier. This confirms the upward trend that began in mid-2023. Not only are house prices rising, so is the number of property transactions. According to the latest figures from Statistics Netherlands (CBS) and the Land Registry (Kadaster), the market appears to be structurally recovering from the downturn in 2022 and early 2023, moving steadily toward new record levels.

Record amounts for average homes

Compared to February 2025, prices rose by 0.7 percent, making March the ninth consecutive month of positive month-on-month growth. Remarkably, the price index is now 10.3 percent higher than the previous peak in July 2022, indicating that the decline in 2022/2023 has not only been recovered but exceeded.

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The average transaction price for an existing owner-occupied home in March 2025 was €467,873. For comparison: in March 2024, the average was around €422,800. Although this figure is not adjusted for differences in property type or location, it highlights the pace at which property values are currently rising.

Increase across all property types

The rising prices are evident across all segments of the housing market:

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  • Detached houses: +11.2%

  • Semi-detached houses: +10.9%

  • Corner houses: +10.4%

  • Terraced houses: +10.1%

  • Apartments: +10.3%

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Detached houses saw the strongest increase, partly due to sustained demand in the higher-end market and the limited supply in rural areas.

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Housing market remains busy

In March 2025, the Land Registry recorded 17,211 property transactions, an increase of 6.2 percent compared to March last year. The figures for the first quarter of 2025 are also positive: 51,474 homes sold, nearly 16 percent more than in the same period in 2024. This points to increased market activity, despite rising prices.

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The combination of higher sales volumes and sharply rising prices suggests that buyers see this as a favorable moment, helped by falling mortgage rates and improved consumer confidence. First-time buyers continue to benefit from tax advantages, such as the transfer tax exemption under certain conditions.

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