Amsterdam apartment rent price stabilizing

It seems that rent prices in Amsterdam's private sector are finally stabilizing. Last quarter the rent price for a private sector home in the city was below 22 euros per square meter, lower than the two previous quarters, according to rental site Pararius.nl. "On balance, the rent on private housing was stable for three quarters", director Jasper de Groot said, Het Parool reports. According to Paraius' quarterly figures, the average rent for private housing in the Dutch capital was 21.98 euros per square meter in the second quarter. In the first quarter of this year it was 22.34 euros and in the last quarter of last year 22.38 euros. Compared to the second quarter last year, the rental price for private housing increased by 6.3 percent from 20.68 euros. The average rental price for a furnished home in Amsterdam was 22.73 euros per square meter in the second quarter. Unfurnished homes went for an average of 13.3 euros per square meter. Prices also vary by district. Zuidoost tenants pay an average of 12.50 euros per square meter, while people living in Centrum pay 24.36 euros. Rotterdam was the only Dutch city in which rent for private housing increased faster than in Amstedam. In Rotterdam the rent increased by 6.9 percent compared to the same quarter last year. Nationwide private housing rents increased, both compared to previous quarters and the same period last year. Renting a private sector home in the Netherlands currently costs 13.50 euros per square meters on average, a 6.2 percent increase compared to the second quarter in 2015.