How many dwellings in the Netherlands?
On 1 January 2020, the Netherlands had 7.9 million homes. This is more than 300 thousand more than five years earlier. Almost half of all homes are located in the western Netherlands. The northern Netherlands has the fewest dwellings, with 1 in 10 houses located in Groningen, Fryslân or Drenthe.
Nearly 6 in 10 Dutch homes are owner-occupied and more than 4 in 10 are rental property. At the start of 2019, the country counted 4.5 million owner-occupied homes and 3.3 million rented homes. In the four major cities, the share of rental housing is higher than the average in the Netherlands. All four major cities have more rental properties than owner-occupied homes. Seven in 10 dwellings in Amsterdam are rental properties.
Both average house prices and rents in the Netherlands have risen every year over the past five years.
Average selling price of existing dwellings 100 thousand euros higher than in 2015
In Q2 2020, existing owner-occupied dwellings were on average 7.5 percent more expensive than a year previously. The average selling price of an existing owner-occupied home was nearly 328 thousand euros in 2020 Q2, i.e. around 100 thousand euros more than five years earlier. At 410 thousand euros, new-build homes were on average over 144 thousand euros more expensive than in the second quarter of 2015.
Rise in house prices in four major cities
In Amsterdam, Rotterdam, The Hague and Utrecht, prices of existing owner-occupied homes rose more sharply between the second quarter of 2015 and that of 2020 than the average in the Netherlands. Price developments in Amsterdam were the strongest, showing an increase of 66 percent in five years.
Of the four major cities, prices in The Hague rose the least: 58 percent.
Price developments in Amsterdam in the years 2015, 2016 and 2017 were the highest of the four major cities. In 2019 and the first half of 2020, prices in Amsterdam rose less sharply than the average in the Netherlands. In 2018, Rotterdam had the strongest price increase of the major cities with 14.5 percent, while in 2019 Utrecht was in the lead with 9.2 percent.
|Kwartaal||Existing owner-occupied dwellings|
Developments in rents
As of July 2020, rents went up by an average of 2.9 percent year-on-year. Rents rose by an average of 2.5 percent in July 2019. The larger increase this year is mainly due to higher inflation.
In July 2020, the rents of social housing owned by housing corporations increased by an average of 2.7 percent. Rents of social housing owned by other agencies went up by 3.4 percent while private sector rents went up by 3.0 percent.
In July 2020, rents in the Netherlands were on average 12 percent higher than five years previously.
|Year||Prior-year inflation rate||Rents|
Largest rent increases in 2020 in Rotterdam and The Hague
Of the four major cities, rent increases in the previous five years (2015–2019) were highest in Amsterdam. In 2020, however, the highest rent increases were not recorded in Amsterdam but in Rotterdam, where rents rose by 4.1 percent as against 3.5 percent in Amsterdam. This year, rents in The Hague have also been rising more sharply than in Amsterdam, i.e. by 3.6 percent. Rents in Utrecht rose less sharply than the national average, namely by 2.6 percent.