Total value of residential property sold in the Netherlands 1995-2023
The value of housing transactions per month in the Netherlands ranged between 782 million euros and 10 billion euros since 1995. In September 2023, there were 6.8 billion euros worth of housing transactions by private individuals, down from 10.3 billion euros when the market peaked in March 2021. After a long period of the Dutch housing market growing, the number of registered transactions declined for the second consecutive year in 2022. According to a forecast released in October 2023, the average house price is expected to continue to decline in 2024.