Annual change in construction costs in the Netherlands 1996-2020
This statistic shows the change in construction costs of houses in the Netherlands compared to one year earlier from 1996 to 2020. In 2020, construction costs increased with 2.2 percent when compared to the previous year. This percentage change is slightly lower than in other years, indicating a slower growth of construction costs.
In recent years, the housing market has continued to rise in the Netherlands due to low mortgage rates, a recovering economy and a high level of consumer confidence. For example, the average selling price of houses was higher in 2016 than in 2013, when prices reached a low point. In 2017, real estate prices are expected to increase with seven percent as a high number of sales, combined with an increasingly scarce supply, are expected to push the housing price up.
In the four largest municipalities, the demand of housing outweighs the supply. In December 2016, the average number of houses for sale in the municipality of Amsterdam was approximately 1,800 with this number reaching an average of 4,300 in December 2014.
In recent years, the housing market has continued to rise in the Netherlands due to low mortgage rates, a recovering economy and a high level of consumer confidence. For example, the average selling price of houses was higher in 2016 than in 2013, when prices reached a low point. In 2017, real estate prices are expected to increase with seven percent as a high number of sales, combined with an increasingly scarce supply, are expected to push the housing price up.
In the four largest municipalities, the demand of housing outweighs the supply. In December 2016, the average number of houses for sale in the municipality of Amsterdam was approximately 1,800 with this number reaching an average of 4,300 in December 2014.
