{
  "id": "macro_economics/housing/nl_housing_market_activity_monthly",
  "generated_at": "2026-06-10T08:48:53.750044+00:00",
  "last_refresh": "2026-06-10",
  "source": "ECB MIR monthly new housing loans and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.",
  "source_description": "Monthly Netherlands housing market activity indicator based on a weighted combination of 3-month smoothed new mortgage lending and residential building permits, indexed to 2019 = 100.",
  "table_id": "macro_economics/housing/nl_housing_market_activity_monthly",
  "meta": {
    "indicator_name": "Netherlands housing market activity",
    "indicator_description": "Monthly Netherlands housing market activity indicator based on a weighted combination of 3-month smoothed new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "title": "Netherlands housing market activity",
    "description": "Monthly Netherlands housing market activity indicator based on a weighted combination of 3-month smoothed new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "source": "ECB MIR monthly new housing loans and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.",
    "source_description": "Monthly Netherlands housing market activity indicator based on a weighted combination of 3-month smoothed new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "visibility": "public",
    "updated_at": "2026-06-10T08:01:46.646791Z",
    "last_refresh": "2026-06-10",
    "table_id": "macro_economics/housing/nl_housing_market_activity_monthly",
    "topic": "Macroeconomics",
    "subtopic": "Housing",
    "geo": [
      "NL"
    ],
    "geo_included": [
      "NL"
    ],
    "page_slug": "netherlands-housing-market-activity",
    "page_url": "/indicators/macroeconomics/housing/netherlands-housing-market-activity/",
    "chart_type": "line",
    "series_type": "single",
    "frequency": "monthly",
    "units": "Index (2019 = 100)",
    "legend": false,
    "featured_topic": true,
    "featured_subtopic": true,
    "featured_rank_topic": 5,
    "featured_rank_subtopic": 2,
    "chart_title": "Netherlands Housing Market Activity",
    "y_axis_label": "Index [2019=100]",
    "related_indicators": [
      {
        "title": "Netherlands Furniture Retail Market Size",
        "url": "/indicators/retail/market-size/netherlands-furniture-retail-turnover/",
        "label": "Market size"
      },
      {
        "title": "Germany Housing Market Activity",
        "url": "/indicators/macroeconomics/housing/germany-housing-market-activity/",
        "label": "Housing"
      },
      {
        "title": "France Housing Market Activity",
        "url": "/indicators/macroeconomics/housing/france-housing-market-activity/",
        "label": "Housing"
      }
    ],
    "taxonomy_path": [
      "macroeconomics",
      "housing",
      "market-activity"
    ],
    "taxonomy_labels": [
      "Macroeconomics",
      "Housing",
      "Market activity"
    ],
    "taxonomy_nodes": [
      {
        "id": "macroeconomics",
        "label": "Macroeconomics",
        "has_page": true,
        "sort_order": 30
      },
      {
        "id": "housing",
        "label": "Housing",
        "has_page": true,
        "sort_order": 20
      },
      {
        "id": "market-activity",
        "label": "Market activity",
        "has_page": false,
        "sort_order": 10
      }
    ],
    "taxonomy_page_path": [
      "macroeconomics",
      "housing"
    ],
    "taxonomy_page_labels": [
      "Macroeconomics",
      "Housing"
    ],
    "taxonomy_collection": "market-activity",
    "taxonomy_collection_label": "Market activity",
    "entity": {
      "type": "country",
      "geo": [
        "NL"
      ]
    },
    "methodology_url": "/methodology-housing-market-activity/",
    "methodology_label": "Housing Market Activity Methodology",
    "data_hash": "0cfd8627e321a15e81d463aa3d4e41d99113a37734ca2319f73779984da7d5a1",
    "trend_summary": "In March 2026, the indicator reached 112.8 index points, compared with 86.4 index points in January 2015. The latest month changed by -7.9 index points from February 2026, while the full-period change was 26.5 index points. Across the available history, the range runs from 69.3 in July 2023 to 143.6 in April 2021. The latest observation sits between the period low and high, so it should be read against both the July 2023 trough and the April 2021 peak.",
    "trend_summary_generated_at": "2026-06-10T08:49:41.005790+00:00",
    "trend_summary_source": "fallback",
    "key_findings": [
      "Netherlands housing activity at 112.8 index points indicates a neutral demand backdrop, close to the 2019 baseline.",
      "The latest decline of -7.9 index points from February 2026 suggests weakening residential momentum.",
      "Read alongside related market size indicators, current housing signals keep the demand outlook cautious for furniture and home goods."
    ],
    "key_findings_source": "ai_rewrite",
    "key_findings_generated_at": "2026-06-10T08:49:44.625347+00:00",
    "chart_alt_text": "Line chart for Netherlands Housing Market Activity in index points. The series runs from 2015-01-01 to 2026-03-01; the latest value is 112.8 index points. The peak is 143.6 index points in 2021-04-01."
  },
  "data": [
    {
      "date": "2015-01-01",
      "geo": "NL",
      "value": 86.37
    },
    {
      "date": "2015-02-01",
      "geo": "NL",
      "value": 102.17
    },
    {
      "date": "2015-03-01",
      "geo": "NL",
      "value": 94.9
    },
    {
      "date": "2015-04-01",
      "geo": "NL",
      "value": 95.48
    },
    {
      "date": "2015-05-01",
      "geo": "NL",
      "value": 94.19
    },
    {
      "date": "2015-06-01",
      "geo": "NL",
      "value": 90.02
    },
    {
      "date": "2015-07-01",
      "geo": "NL",
      "value": 90.81
    },
    {
      "date": "2015-08-01",
      "geo": "NL",
      "value": 98.91
    },
    {
      "date": "2015-09-01",
      "geo": "NL",
      "value": 95.54
    },
    {
      "date": "2015-10-01",
      "geo": "NL",
      "value": 88.41
    },
    {
      "date": "2015-11-01",
      "geo": "NL",
      "value": 91.34
    },
    {
      "date": "2015-12-01",
      "geo": "NL",
      "value": 99.1
    },
    {
      "date": "2016-01-01",
      "geo": "NL",
      "value": 102.14
    },
    {
      "date": "2016-02-01",
      "geo": "NL",
      "value": 100.82
    },
    {
      "date": "2016-03-01",
      "geo": "NL",
      "value": 94.94
    },
    {
      "date": "2016-04-01",
      "geo": "NL",
      "value": 96.32
    },
    {
      "date": "2016-05-01",
      "geo": "NL",
      "value": 103.32
    },
    {
      "date": "2016-06-01",
      "geo": "NL",
      "value": 100.91
    },
    {
      "date": "2016-07-01",
      "geo": "NL",
      "value": 98.28
    },
    {
      "date": "2016-08-01",
      "geo": "NL",
      "value": 102.15
    },
    {
      "date": "2016-09-01",
      "geo": "NL",
      "value": 103.55
    },
    {
      "date": "2016-10-01",
      "geo": "NL",
      "value": 103.29
    },
    {
      "date": "2016-11-01",
      "geo": "NL",
      "value": 107.13
    },
    {
      "date": "2016-12-01",
      "geo": "NL",
      "value": 118.58
    },
    {
      "date": "2017-01-01",
      "geo": "NL",
      "value": 126.33
    },
    {
      "date": "2017-02-01",
      "geo": "NL",
      "value": 124.1
    },
    {
      "date": "2017-03-01",
      "geo": "NL",
      "value": 118.15
    },
    {
      "date": "2017-04-01",
      "geo": "NL",
      "value": 117.85
    },
    {
      "date": "2017-05-01",
      "geo": "NL",
      "value": 110.45
    },
    {
      "date": "2017-06-01",
      "geo": "NL",
      "value": 104.15
    },
    {
      "date": "2017-07-01",
      "geo": "NL",
      "value": 115.09
    },
    {
      "date": "2017-08-01",
      "geo": "NL",
      "value": 112.0
    },
    {
      "date": "2017-09-01",
      "geo": "NL",
      "value": 107.16
    },
    {
      "date": "2017-10-01",
      "geo": "NL",
      "value": 101.16
    },
    {
      "date": "2017-11-01",
      "geo": "NL",
      "value": 102.96
    },
    {
      "date": "2017-12-01",
      "geo": "NL",
      "value": 101.23
    },
    {
      "date": "2018-01-01",
      "geo": "NL",
      "value": 102.6
    },
    {
      "date": "2018-02-01",
      "geo": "NL",
      "value": 109.89
    },
    {
      "date": "2018-03-01",
      "geo": "NL",
      "value": 102.82
    },
    {
      "date": "2018-04-01",
      "geo": "NL",
      "value": 95.92
    },
    {
      "date": "2018-05-01",
      "geo": "NL",
      "value": 102.08
    },
    {
      "date": "2018-06-01",
      "geo": "NL",
      "value": 109.7
    },
    {
      "date": "2018-07-01",
      "geo": "NL",
      "value": 107.54
    },
    {
      "date": "2018-08-01",
      "geo": "NL",
      "value": 113.18
    },
    {
      "date": "2018-09-01",
      "geo": "NL",
      "value": 112.0
    },
    {
      "date": "2018-10-01",
      "geo": "NL",
      "value": 116.25
    },
    {
      "date": "2018-11-01",
      "geo": "NL",
      "value": 103.38
    },
    {
      "date": "2018-12-01",
      "geo": "NL",
      "value": 107.05
    },
    {
      "date": "2019-01-01",
      "geo": "NL",
      "value": 98.28
    },
    {
      "date": "2019-02-01",
      "geo": "NL",
      "value": 94.24
    },
    {
      "date": "2019-03-01",
      "geo": "NL",
      "value": 91.24
    },
    {
      "date": "2019-04-01",
      "geo": "NL",
      "value": 92.91
    },
    {
      "date": "2019-05-01",
      "geo": "NL",
      "value": 92.2
    },
    {
      "date": "2019-06-01",
      "geo": "NL",
      "value": 96.4
    },
    {
      "date": "2019-07-01",
      "geo": "NL",
      "value": 99.81
    },
    {
      "date": "2019-08-01",
      "geo": "NL",
      "value": 96.57
    },
    {
      "date": "2019-09-01",
      "geo": "NL",
      "value": 98.39
    },
    {
      "date": "2019-10-01",
      "geo": "NL",
      "value": 103.7
    },
    {
      "date": "2019-11-01",
      "geo": "NL",
      "value": 116.27
    },
    {
      "date": "2019-12-01",
      "geo": "NL",
      "value": 120.01
    },
    {
      "date": "2020-01-01",
      "geo": "NL",
      "value": 123.94
    },
    {
      "date": "2020-02-01",
      "geo": "NL",
      "value": 115.14
    },
    {
      "date": "2020-03-01",
      "geo": "NL",
      "value": 109.17
    },
    {
      "date": "2020-04-01",
      "geo": "NL",
      "value": 112.39
    },
    {
      "date": "2020-05-01",
      "geo": "NL",
      "value": 122.36
    },
    {
      "date": "2020-06-01",
      "geo": "NL",
      "value": 122.34
    },
    {
      "date": "2020-07-01",
      "geo": "NL",
      "value": 124.98
    },
    {
      "date": "2020-08-01",
      "geo": "NL",
      "value": 112.56
    },
    {
      "date": "2020-09-01",
      "geo": "NL",
      "value": 115.84
    },
    {
      "date": "2020-10-01",
      "geo": "NL",
      "value": 116.92
    },
    {
      "date": "2020-11-01",
      "geo": "NL",
      "value": 117.24
    },
    {
      "date": "2020-12-01",
      "geo": "NL",
      "value": 137.18
    },
    {
      "date": "2021-01-01",
      "geo": "NL",
      "value": 133.99
    },
    {
      "date": "2021-02-01",
      "geo": "NL",
      "value": 135.47
    },
    {
      "date": "2021-03-01",
      "geo": "NL",
      "value": 138.66
    },
    {
      "date": "2021-04-01",
      "geo": "NL",
      "value": 143.64
    },
    {
      "date": "2021-05-01",
      "geo": "NL",
      "value": 134.17
    },
    {
      "date": "2021-06-01",
      "geo": "NL",
      "value": 129.05
    },
    {
      "date": "2021-07-01",
      "geo": "NL",
      "value": 122.24
    },
    {
      "date": "2021-08-01",
      "geo": "NL",
      "value": 121.43
    },
    {
      "date": "2021-09-01",
      "geo": "NL",
      "value": 110.19
    },
    {
      "date": "2021-10-01",
      "geo": "NL",
      "value": 114.87
    },
    {
      "date": "2021-11-01",
      "geo": "NL",
      "value": 122.96
    },
    {
      "date": "2021-12-01",
      "geo": "NL",
      "value": 129.47
    },
    {
      "date": "2022-01-01",
      "geo": "NL",
      "value": 131.97
    },
    {
      "date": "2022-02-01",
      "geo": "NL",
      "value": 124.21
    },
    {
      "date": "2022-03-01",
      "geo": "NL",
      "value": 128.63
    },
    {
      "date": "2022-04-01",
      "geo": "NL",
      "value": 123.0
    },
    {
      "date": "2022-05-01",
      "geo": "NL",
      "value": 130.76
    },
    {
      "date": "2022-06-01",
      "geo": "NL",
      "value": 122.68
    },
    {
      "date": "2022-07-01",
      "geo": "NL",
      "value": 119.87
    },
    {
      "date": "2022-08-01",
      "geo": "NL",
      "value": 103.64
    },
    {
      "date": "2022-09-01",
      "geo": "NL",
      "value": 100.52
    },
    {
      "date": "2022-10-01",
      "geo": "NL",
      "value": 94.4
    },
    {
      "date": "2022-11-01",
      "geo": "NL",
      "value": 85.12
    },
    {
      "date": "2022-12-01",
      "geo": "NL",
      "value": 82.82
    },
    {
      "date": "2023-01-01",
      "geo": "NL",
      "value": 81.35
    },
    {
      "date": "2023-02-01",
      "geo": "NL",
      "value": 76.44
    },
    {
      "date": "2023-03-01",
      "geo": "NL",
      "value": 71.13
    },
    {
      "date": "2023-04-01",
      "geo": "NL",
      "value": 75.75
    },
    {
      "date": "2023-05-01",
      "geo": "NL",
      "value": 73.95
    },
    {
      "date": "2023-06-01",
      "geo": "NL",
      "value": 79.41
    },
    {
      "date": "2023-07-01",
      "geo": "NL",
      "value": 69.35
    },
    {
      "date": "2023-08-01",
      "geo": "NL",
      "value": 72.75
    },
    {
      "date": "2023-09-01",
      "geo": "NL",
      "value": 74.92
    },
    {
      "date": "2023-10-01",
      "geo": "NL",
      "value": 77.13
    },
    {
      "date": "2023-11-01",
      "geo": "NL",
      "value": 78.65
    },
    {
      "date": "2023-12-01",
      "geo": "NL",
      "value": 75.33
    },
    {
      "date": "2024-01-01",
      "geo": "NL",
      "value": 75.05
    },
    {
      "date": "2024-02-01",
      "geo": "NL",
      "value": 82.92
    },
    {
      "date": "2024-03-01",
      "geo": "NL",
      "value": 86.85
    },
    {
      "date": "2024-04-01",
      "geo": "NL",
      "value": 87.8
    },
    {
      "date": "2024-05-01",
      "geo": "NL",
      "value": 99.88
    },
    {
      "date": "2024-06-01",
      "geo": "NL",
      "value": 90.08
    },
    {
      "date": "2024-07-01",
      "geo": "NL",
      "value": 91.39
    },
    {
      "date": "2024-08-01",
      "geo": "NL",
      "value": 81.22
    },
    {
      "date": "2024-09-01",
      "geo": "NL",
      "value": 84.36
    },
    {
      "date": "2024-10-01",
      "geo": "NL",
      "value": 89.36
    },
    {
      "date": "2024-11-01",
      "geo": "NL",
      "value": 92.5
    },
    {
      "date": "2024-12-01",
      "geo": "NL",
      "value": 112.48
    },
    {
      "date": "2025-01-01",
      "geo": "NL",
      "value": 126.82
    },
    {
      "date": "2025-02-01",
      "geo": "NL",
      "value": 128.43
    },
    {
      "date": "2025-03-01",
      "geo": "NL",
      "value": 128.57
    },
    {
      "date": "2025-04-01",
      "geo": "NL",
      "value": 105.61
    },
    {
      "date": "2025-05-01",
      "geo": "NL",
      "value": 109.83
    },
    {
      "date": "2025-06-01",
      "geo": "NL",
      "value": 108.25
    },
    {
      "date": "2025-07-01",
      "geo": "NL",
      "value": 108.17
    },
    {
      "date": "2025-08-01",
      "geo": "NL",
      "value": 111.82
    },
    {
      "date": "2025-09-01",
      "geo": "NL",
      "value": 120.95
    },
    {
      "date": "2025-10-01",
      "geo": "NL",
      "value": 111.09
    },
    {
      "date": "2025-11-01",
      "geo": "NL",
      "value": 116.47
    },
    {
      "date": "2025-12-01",
      "geo": "NL",
      "value": 121.32
    },
    {
      "date": "2026-01-01",
      "geo": "NL",
      "value": 120.03
    },
    {
      "date": "2026-02-01",
      "geo": "NL",
      "value": 120.75
    },
    {
      "date": "2026-03-01",
      "geo": "NL",
      "value": 112.85
    }
  ]
}