The most recent figures from Statistics Netherlands (CBS) show that the average cost of buying a home in the Netherlands has fallen for the third month in a row, dropping by 0.5% between September and October 2022. 

Dutch house prices had been rising steadily for years before skyrocketing during the pandemic, with prices doubling between 2013 and this summer. Over the past several months, however, there’s been a slight shift in the Dutch housing market, with both CBS and real estate association NVM recording notable drops in prices. 

This trend has continued into the autumn, with the latest figures published by CBS revealing that, while the cost of buying a home increased by 7.8% in the year to October 2022, prices have in fact fallen by 0.5% since September 2022. This marks the third month in a row that Dutch property prices have fallen, with CBS reporting an average transaction value of €428,000 in October, down from the peak of €446,000 in August 2022.