In 2018, prices of new-build homes in the Netherlands rose by 13 percent. The increase was only higher in Slovenia. Around the EU, house prices show erratic and diverse developments. How many Europeans are homeowners and how many of them have mortgage debts?
Both in the Netherlands and around Europe, property price trends have been erratic over the past decade. The 2008 financial crisis resonated on the Dutch property market for a long time. Following price drops of up to 20 percent in 2012–2013, house prices in the Netherlands bounced back relatively quickly. In 2018, the Dutch house price index was over 4 percent up on 2008.
Across the European Union, house prices were on average 12 percent up on 2008 but showed major differences. In some countries, house prices showed little or no decline, but a steady rise. Sweden saw the sharpest rise in house prices at over 70 percent. In eleven countries, 2018 prices were below pre-crisis level. The furthest below that level was Spain, where prices were down by over 19 percent relative to 2008.