{
  "id": "macro_economics/housing/europe_housing_market_activity_monthly",
  "generated_at": "2026-07-15T09:26:52.984846+00:00",
  "last_refresh": "2026-07-13",
  "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, 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 new mortgage lending and residential building permits, indexed to 2019 = 100.",
  "table_id": "macro_economics/housing/europe_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 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 new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, 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 new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "visibility": "paid",
    "updated_at": "2026-07-13T10:34:51.038196Z",
    "last_refresh": "2026-07-13",
    "table_id": "macro_economics/housing/europe_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 Market Hub",
        "url": "/market/netherlands-furniture-market-hub/",
        "label": "Market hub"
      },
      {
        "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": "/about/methodology/housing-market-activity/",
    "methodology_label": "Housing Market Activity Methodology",
    "data_hash": "c3ee84eea604a5aa6f708197f46e30361bb5a0114c0693034850866c8bc087ad",
    "trend_summary": "The Netherlands housing market activity indicator shows distinct phases over time, with a peak in early 2017 at 145.5 and a notable decline reaching a trough in mid-2023 at 57.4. The latest level, at 80.6, remains below the 2019 baseline of 100, indicating a subdued market compared to historical highs. Recent momentum suggests a mixed picture, with a 4.6% increase over the past year, but declines of 6.0% and 2.7% over the past three and six months, respectively. Yearly averages highlight a peak in activity from 2015 to 2017, followed by a gradual decline, with a slight recovery projected in 2025.",
    "trend_summary_generated_at": "2026-07-15T09:26:59.510130+00:00",
    "key_findings": [
      "Netherlands housing activity remains subdued at 80.6, indicating a fragile demand backdrop for home-related products.",
      "The housing cycle is fragile with recent sideways movement, lacking a clear new demand impulse.",
      "Read alongside Netherlands Furniture Retail Market Size, subdued housing activity keeps the furniture demand signal cautious."
    ],
    "key_findings_source": "ai_rewrite",
    "key_findings_generated_at": "2026-07-15T09:27:02.132714+00:00",
    "chart_alt_text": "Line chart for Netherlands Housing Market Activity in index points. The series runs from 2015-01-01 to 2026-04-01; the latest value is 80.6 index points. The peak is 145.5 index points in 2017-01-01."
  },
  "data": [
    {
      "date": "2015-01-01",
      "geo": "NL",
      "value": 104.81
    },
    {
      "date": "2015-02-01",
      "geo": "NL",
      "value": 118.63
    },
    {
      "date": "2015-03-01",
      "geo": "NL",
      "value": 112.43
    },
    {
      "date": "2015-04-01",
      "geo": "NL",
      "value": 113.17
    },
    {
      "date": "2015-05-01",
      "geo": "NL",
      "value": 113.44
    },
    {
      "date": "2015-06-01",
      "geo": "NL",
      "value": 110.27
    },
    {
      "date": "2015-07-01",
      "geo": "NL",
      "value": 112.73
    },
    {
      "date": "2015-08-01",
      "geo": "NL",
      "value": 121.82
    },
    {
      "date": "2015-09-01",
      "geo": "NL",
      "value": 117.73
    },
    {
      "date": "2015-10-01",
      "geo": "NL",
      "value": 109.09
    },
    {
      "date": "2015-11-01",
      "geo": "NL",
      "value": 111.63
    },
    {
      "date": "2015-12-01",
      "geo": "NL",
      "value": 120.92
    },
    {
      "date": "2016-01-01",
      "geo": "NL",
      "value": 124.68
    },
    {
      "date": "2016-02-01",
      "geo": "NL",
      "value": 122.8
    },
    {
      "date": "2016-03-01",
      "geo": "NL",
      "value": 115.37
    },
    {
      "date": "2016-04-01",
      "geo": "NL",
      "value": 116.01
    },
    {
      "date": "2016-05-01",
      "geo": "NL",
      "value": 122.56
    },
    {
      "date": "2016-06-01",
      "geo": "NL",
      "value": 119.41
    },
    {
      "date": "2016-07-01",
      "geo": "NL",
      "value": 116.09
    },
    {
      "date": "2016-08-01",
      "geo": "NL",
      "value": 119.49
    },
    {
      "date": "2016-09-01",
      "geo": "NL",
      "value": 120.44
    },
    {
      "date": "2016-10-01",
      "geo": "NL",
      "value": 119.63
    },
    {
      "date": "2016-11-01",
      "geo": "NL",
      "value": 123.69
    },
    {
      "date": "2016-12-01",
      "geo": "NL",
      "value": 137.16
    },
    {
      "date": "2017-01-01",
      "geo": "NL",
      "value": 145.5
    },
    {
      "date": "2017-02-01",
      "geo": "NL",
      "value": 142.45
    },
    {
      "date": "2017-03-01",
      "geo": "NL",
      "value": 133.69
    },
    {
      "date": "2017-04-01",
      "geo": "NL",
      "value": 131.55
    },
    {
      "date": "2017-05-01",
      "geo": "NL",
      "value": 123.45
    },
    {
      "date": "2017-06-01",
      "geo": "NL",
      "value": 116.41
    },
    {
      "date": "2017-07-01",
      "geo": "NL",
      "value": 126.68
    },
    {
      "date": "2017-08-01",
      "geo": "NL",
      "value": 122.59
    },
    {
      "date": "2017-09-01",
      "geo": "NL",
      "value": 116.67
    },
    {
      "date": "2017-10-01",
      "geo": "NL",
      "value": 109.9
    },
    {
      "date": "2017-11-01",
      "geo": "NL",
      "value": 111.22
    },
    {
      "date": "2017-12-01",
      "geo": "NL",
      "value": 109.42
    },
    {
      "date": "2018-01-01",
      "geo": "NL",
      "value": 110.51
    },
    {
      "date": "2018-02-01",
      "geo": "NL",
      "value": 117.04
    },
    {
      "date": "2018-03-01",
      "geo": "NL",
      "value": 109.22
    },
    {
      "date": "2018-04-01",
      "geo": "NL",
      "value": 101.79
    },
    {
      "date": "2018-05-01",
      "geo": "NL",
      "value": 107.73
    },
    {
      "date": "2018-06-01",
      "geo": "NL",
      "value": 115.04
    },
    {
      "date": "2018-07-01",
      "geo": "NL",
      "value": 112.37
    },
    {
      "date": "2018-08-01",
      "geo": "NL",
      "value": 117.42
    },
    {
      "date": "2018-09-01",
      "geo": "NL",
      "value": 115.4
    },
    {
      "date": "2018-10-01",
      "geo": "NL",
      "value": 119.26
    },
    {
      "date": "2018-11-01",
      "geo": "NL",
      "value": 106.01
    },
    {
      "date": "2018-12-01",
      "geo": "NL",
      "value": 109.47
    },
    {
      "date": "2019-01-01",
      "geo": "NL",
      "value": 100.29
    },
    {
      "date": "2019-02-01",
      "geo": "NL",
      "value": 95.82
    },
    {
      "date": "2019-03-01",
      "geo": "NL",
      "value": 92.34
    },
    {
      "date": "2019-04-01",
      "geo": "NL",
      "value": 93.73
    },
    {
      "date": "2019-05-01",
      "geo": "NL",
      "value": 92.77
    },
    {
      "date": "2019-06-01",
      "geo": "NL",
      "value": 96.72
    },
    {
      "date": "2019-07-01",
      "geo": "NL",
      "value": 99.74
    },
    {
      "date": "2019-08-01",
      "geo": "NL",
      "value": 96.13
    },
    {
      "date": "2019-09-01",
      "geo": "NL",
      "value": 97.57
    },
    {
      "date": "2019-10-01",
      "geo": "NL",
      "value": 102.56
    },
    {
      "date": "2019-11-01",
      "geo": "NL",
      "value": 114.54
    },
    {
      "date": "2019-12-01",
      "geo": "NL",
      "value": 117.8
    },
    {
      "date": "2020-01-01",
      "geo": "NL",
      "value": 121.15
    },
    {
      "date": "2020-02-01",
      "geo": "NL",
      "value": 112.22
    },
    {
      "date": "2020-03-01",
      "geo": "NL",
      "value": 105.87
    },
    {
      "date": "2020-04-01",
      "geo": "NL",
      "value": 108.38
    },
    {
      "date": "2020-05-01",
      "geo": "NL",
      "value": 117.23
    },
    {
      "date": "2020-06-01",
      "geo": "NL",
      "value": 116.61
    },
    {
      "date": "2020-07-01",
      "geo": "NL",
      "value": 118.78
    },
    {
      "date": "2020-08-01",
      "geo": "NL",
      "value": 106.34
    },
    {
      "date": "2020-09-01",
      "geo": "NL",
      "value": 109.13
    },
    {
      "date": "2020-10-01",
      "geo": "NL",
      "value": 109.84
    },
    {
      "date": "2020-11-01",
      "geo": "NL",
      "value": 109.54
    },
    {
      "date": "2020-12-01",
      "geo": "NL",
      "value": 128.61
    },
    {
      "date": "2021-01-01",
      "geo": "NL",
      "value": 124.1
    },
    {
      "date": "2021-02-01",
      "geo": "NL",
      "value": 124.74
    },
    {
      "date": "2021-03-01",
      "geo": "NL",
      "value": 126.96
    },
    {
      "date": "2021-04-01",
      "geo": "NL",
      "value": 130.64
    },
    {
      "date": "2021-05-01",
      "geo": "NL",
      "value": 120.64
    },
    {
      "date": "2021-06-01",
      "geo": "NL",
      "value": 115.02
    },
    {
      "date": "2021-07-01",
      "geo": "NL",
      "value": 107.53
    },
    {
      "date": "2021-08-01",
      "geo": "NL",
      "value": 105.62
    },
    {
      "date": "2021-09-01",
      "geo": "NL",
      "value": 93.73
    },
    {
      "date": "2021-10-01",
      "geo": "NL",
      "value": 98.53
    },
    {
      "date": "2021-11-01",
      "geo": "NL",
      "value": 105.04
    },
    {
      "date": "2021-12-01",
      "geo": "NL",
      "value": 108.57
    },
    {
      "date": "2022-01-01",
      "geo": "NL",
      "value": 109.7
    },
    {
      "date": "2022-02-01",
      "geo": "NL",
      "value": 101.63
    },
    {
      "date": "2022-03-01",
      "geo": "NL",
      "value": 105.8
    },
    {
      "date": "2022-04-01",
      "geo": "NL",
      "value": 98.62
    },
    {
      "date": "2022-05-01",
      "geo": "NL",
      "value": 105.57
    },
    {
      "date": "2022-06-01",
      "geo": "NL",
      "value": 98.44
    },
    {
      "date": "2022-07-01",
      "geo": "NL",
      "value": 97.44
    },
    {
      "date": "2022-08-01",
      "geo": "NL",
      "value": 83.07
    },
    {
      "date": "2022-09-01",
      "geo": "NL",
      "value": 81.82
    },
    {
      "date": "2022-10-01",
      "geo": "NL",
      "value": 77.72
    },
    {
      "date": "2022-11-01",
      "geo": "NL",
      "value": 69.73
    },
    {
      "date": "2022-12-01",
      "geo": "NL",
      "value": 67.61
    },
    {
      "date": "2023-01-01",
      "geo": "NL",
      "value": 67.0
    },
    {
      "date": "2023-02-01",
      "geo": "NL",
      "value": 63.25
    },
    {
      "date": "2023-03-01",
      "geo": "NL",
      "value": 58.96
    },
    {
      "date": "2023-04-01",
      "geo": "NL",
      "value": 63.74
    },
    {
      "date": "2023-05-01",
      "geo": "NL",
      "value": 61.68
    },
    {
      "date": "2023-06-01",
      "geo": "NL",
      "value": 67.62
    },
    {
      "date": "2023-07-01",
      "geo": "NL",
      "value": 57.36
    },
    {
      "date": "2023-08-01",
      "geo": "NL",
      "value": 60.45
    },
    {
      "date": "2023-09-01",
      "geo": "NL",
      "value": 62.35
    },
    {
      "date": "2023-10-01",
      "geo": "NL",
      "value": 63.78
    },
    {
      "date": "2023-11-01",
      "geo": "NL",
      "value": 65.0
    },
    {
      "date": "2023-12-01",
      "geo": "NL",
      "value": 60.98
    },
    {
      "date": "2024-01-01",
      "geo": "NL",
      "value": 60.7
    },
    {
      "date": "2024-02-01",
      "geo": "NL",
      "value": 68.32
    },
    {
      "date": "2024-03-01",
      "geo": "NL",
      "value": 71.96
    },
    {
      "date": "2024-04-01",
      "geo": "NL",
      "value": 71.85
    },
    {
      "date": "2024-05-01",
      "geo": "NL",
      "value": 82.73
    },
    {
      "date": "2024-06-01",
      "geo": "NL",
      "value": 72.58
    },
    {
      "date": "2024-07-01",
      "geo": "NL",
      "value": 72.77
    },
    {
      "date": "2024-08-01",
      "geo": "NL",
      "value": 62.07
    },
    {
      "date": "2024-09-01",
      "geo": "NL",
      "value": 63.97
    },
    {
      "date": "2024-10-01",
      "geo": "NL",
      "value": 68.67
    },
    {
      "date": "2024-11-01",
      "geo": "NL",
      "value": 70.95
    },
    {
      "date": "2024-12-01",
      "geo": "NL",
      "value": 89.22
    },
    {
      "date": "2025-01-01",
      "geo": "NL",
      "value": 90.73
    },
    {
      "date": "2025-02-01",
      "geo": "NL",
      "value": 91.77
    },
    {
      "date": "2025-03-01",
      "geo": "NL",
      "value": 91.58
    },
    {
      "date": "2025-04-01",
      "geo": "NL",
      "value": 76.37
    },
    {
      "date": "2025-05-01",
      "geo": "NL",
      "value": 79.04
    },
    {
      "date": "2025-06-01",
      "geo": "NL",
      "value": 76.98
    },
    {
      "date": "2025-07-01",
      "geo": "NL",
      "value": 77.62
    },
    {
      "date": "2025-08-01",
      "geo": "NL",
      "value": 80.42
    },
    {
      "date": "2025-09-01",
      "geo": "NL",
      "value": 87.55
    },
    {
      "date": "2025-10-01",
      "geo": "NL",
      "value": 77.94
    },
    {
      "date": "2025-11-01",
      "geo": "NL",
      "value": 83.16
    },
    {
      "date": "2025-12-01",
      "geo": "NL",
      "value": 85.44
    },
    {
      "date": "2026-01-01",
      "geo": "NL",
      "value": 84.02
    },
    {
      "date": "2026-02-01",
      "geo": "NL",
      "value": 85.06
    },
    {
      "date": "2026-03-01",
      "geo": "NL",
      "value": 78.58
    },
    {
      "date": "2026-04-01",
      "geo": "NL",
      "value": 80.61
    }
  ]
}