The number of homes changing hands in the Netherlands hit 230,000 in the first three months of this year, and this means the downward trend has halted and sales are rising again, according to housing market statistics from the Calcasa research group.

The biggest annual drop in sales was 21%, recorded in the second quarter of 2022 and “since then house sales are emerging from the dip and an upward trend is visible,” Calcasa said on Monday. 

The trend is particularly visible in Amsterdam where sales have been increasing since June 2022, Calcasa said. 

House prices in Haarlem have fallen the most over the past year (8.4%), followed by Utrecht and Groningen, the figures show. In Amsterdam, prices are down 3.8% year on year.  The NVM estate agents association is due to publish its latest quarterly report on June 22.

Calcasa is also forecasting that house prices in the second quarter of this year will continue to decline – with a drop of 2.9% compared with the previous quarter and 7.3% compared with the same period in 2022.