housing market

Jan 24 '17 13:30

The construction of new homes in the Netherlands will see a temporary decline this year, ABN Amro predicts based on the number of building permits issued last year. Between January and November 2016, the bank issued 45 thousand permits for the construction of new housing - a slight decrease from the 49 thousand permits issued in the same period in 2015, ANP reports.

The number of housing construction permits started increasing again in May last year. The bank therefore expects that the decline in the construction of new housing will be short lived and will pick up again in 2018. 

houe for sale/sold sign
Jan 20 '17 11:00

In December home prices in the Netherlands were 6.7 percent higher than in December 2015, the biggest increase since May 2002, Statistics Netherlands and the Land Registry announced on Friday.

Throughout 2016 the prices of homes increased about 5 percent, continuing the upward trend of the past years. Compared to the low point in the housing market in June 2013, house prices in the Netherlands increased nearly 14 percent. The average price for an existing home is now back at the level of November 2005, but still 11 percent below the peak level of August 2008.

Jan 12 '17 16:50

Housing prices in Amsterdam increased a massive 23 percent last year, according to figures from the Dutch association of realtors NVM. The national average housing price increase was 9 percent, RTL Nieuws reports.

The average home in the Netherlands now costs about 20 percent more than in the low point of the financial crisis, the third quarter of 2013. The value of houses in Amsterdam is already well over half again as high. 

For Sale signs (Source: Wikimedia/Andy F)
Jan 10 '17 09:40

Last year was a good year for real estate in the Netherlands. In 2016 investors spent a massive 13.15 billion euros on Dutch real estate, breaking the 13.15 billion euros record set in 2007, on the eve of the global property bubble burst, Financieele Dagblad reports based on figures from real estate advisor CBRE.

According to the newspaper, the record year can be attributed to a combination of an abundance of capital, a lack of alternative investments, the exceptionally low interest rates and a strong economic recovery. 

Jan 6 '17 09:53

The Dutch economy will show solid growth again this year, though it will be weaker than in 2016, ING's Economic Bureau predicts in estimates published on Friday. The bank expects 1.6 percent growth this year, compared to 2.2 percent last year, ANP reports.

houe for sale/sold sign
Jan 5 '17 15:00

The number of house sales across the Netherlands will continue to increase this year, but is expected to start a decline in 2018, according to ABN Amro economists in their new Housing Market Monitor, the Telegraaf reports.

The economists expect that 5 percent more homes will change ownership this year than in 2016. Last year 20 percent more homes were sold than in 2015. But in 2018 the number of sold homes will decrease, according to the economists. And the price increases will become more moderate. 

Nov 18 '16 14:25

Rents in the private sector in the Netherlands increased again in the third quarter. The average rent increased by 6.2 percent, compared to the same quarter last year, letting agent Pararius reported on Friday, according to the Telegraaf.

The average rent rose from 13.27 euros per square meter in 2015 to 14.11 euros per square meter. According to Pararius director Jasper de Groot, the increase can partly be attributed to a shortage of rental housing for people with mid level incomes in the Randstad.

houe for sale/sold sign
Oct 11 '16 15:45

Too strict and unnecessary mortgage rules make it needlessly difficult for many Dutch to buy a home, according to Maxime Verhangen. The former Foreign Affairs Minister and current president of Construction Netherlands is calling for the rules to be relaxed

For Sale signs (Source: Wikimedia/Andy F)
Oct 6 '16 13:45

The overheating Dutch housing market is making it harder for first-time buyers to enter the market, according to realtors' association NVM. The downsides of an improving housing market are becoming more visible, the association said based on its third quarter figures

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Sep 29 '16 16:00

Amsterdam homeowners who leave their homes empty for more than six months without a valid reason, may soon face a hefty fine. The municipality hopes to tackle the stalled housing market in the capital by fining vacancy and, if push comes to shove, self putting residents in vacant homes

Aug 25 '16 14:30

The so-called "Amsterdam effect" accounts for a quarter of the increase in housing prices in the Netherlands, according to Rabobank in its quarterly report of the Dutch housing market. Without the overheated Amsterdam market, the average house price would have increased by 3.4 percent in the second quarter, compared to the previous year, and not 4.4 percent as happened

Aug 22 '16 13:40

Prices for existing homes in the Netherlands increased by 4.9 percent in July, the biggest price increase in almost 12 years, according to Statistics Netherlands and the Land Registry.

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Jul 26 '16 10:38

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

houe for sale/sold sign
Jul 21 '16 10:31

Existing home prices in Amsterdam continue to skyrocket as the housing market in the Netherlands recovers. In the second quarter of this year, existing home prices in the Dutch capital were almost 15 percent higher than the same time last year and about 7 percent higher than when the housing market reached its peak in 2008, according to figures released by Statistics Netherlands on Thursday.

Airbnb
May 19 '16 10:52

GroenLinks wants to ban Amsterdam residents renting their homes to tourists through sites like Airbnb if it turns out that this increases housing prices in the city

houe for sale/sold sign
May 3 '16 16:35

A massive 48 percent of homes sold in Amsterdam in the first quarter of this year, sold for more than their listing price, compared to 42 percent in the last quarter of 2015 and a quarter a year ago, according to figures of Amsterdam real estate association MVA

Airbnb
Apr 25 '16 09:43

Renting out rooms to tourists through Airbnb can at least partly be blamed for the skyrocketing housing prices in Amsterdam and the increasing gap between rich and poor in the city, according to a study done by ING's Economic Bureau

houe for sale/sold sign
Apr 21 '16 11:49

In the first quarter of 2016, existing home prices in Amsterdam rose above pre-crisis levels. A home in Amsterdam currently costs an average of 337 thousand euros, more than 100 thousand euros higher than the national average and 2 percent higher than in 2008, according to Statistics Netherlands and the Land Registry.

houe for sale/sold sign
Apr 7 '16 13:00

The Netherlands' housing market is keeping up its strong recovery in what real estate agents association NVM calls a "slightly surprising" manner. Home prices are up 5.5 percent nationwide. Amsterdam even saw a 20 percent increase, according to NVM's figures for the first 3 months of this year

houe for sale/sold sign
Mar 15 '16 13:35

The past years showed an increasing number and demand for million-euro homes in the Amsterdam housing market. In 2015 the capital city counted 5,050 homes costing more than a million euros, an increase of more than a thousand compared to 2014. The demand is also twice as high as the supply, according to figures from Calcasa

Feb 25 '16 09:41

For the first time in history 10-year-fixed-mortgage interest rates fell below 2 percent at a number of providers, according to figures from De Hypotheekshop. Home buyers could not wish to be luckier than with this unprecedented low mortgage rate, which is expected to fuel the housing boom

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Feb 9 '16 14:25

Cities, corporations and developers are too focused on owner-occupied homes and are not building enough rental homes to cope with the ever increasing rent prices - a disturbing and also unnecessary trend, according to property consultant Capital Value's report The Property Investment Market 2016

For Rent
Feb 5 '16 09:11

Rent prices for homes in the private sector are rapidly on the rise, especially in Amsterdam, according to figures from rental site Pararius. Pararius director Jasper de Groot attributes it to an "unhealthy market" with a vast shortage in private sector rental homes. "If you look at the housing supply, then only about 5 percent of the homes are rental homes in the private sector. That is way too little", he said.

houe for sale/sold sign
Feb 4 '16 07:45

Credit raiting agency Moody's believes that home prices in the Netherlands will shoot up 5 percent this year, according to a report published on Wednesday. The agency attributes the price increase to both the recovering economy and a shortage in housing supply in certain parts of the market.

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