housing market

Paiement_euros
May 29 '18 08:42

The outlook for the Netherlands economy is still positive, the International Monetary Fund said in its annual report on the Netherlands. The IMF again raised concerns about the growth of wages in the country being smaller than other countries with comparable economies. Annual wage growth in the Netherlands is around 1 percent, too little to compensate for inflation, the IMF said, NOS and ANP report.

For Sale signs (Source: Wikimedia/Andy F)
Apr 12 '18 11:50

An increasing number of Amsterdam residents are looking for a home in The Hague or Rotterdam as housing prices in the Dutch capital are increasingly unaffordable, Dutch realtors association NVM said with the release of its quarterly figures on Thursday. These two cities are now also seeing housing price increases far above national average, NU.nl reports. 

houe for sale/sold sign
Apr 11 '18 16:20

Homebuyers in the Netherlands are increasingly turning to the suburbs as home prices in the cities of Amsterdam, Rotterdam, Utrecht and The Hague continue to rise, according to homeowners association Vereniging Eigen Huis. First time buyers can no longer afford buying in one of the large cities, AD reports.

houe for sale/sold sign
Apr 11 '18 16:20

Homebuyers in the Netherlands are increasingly turning to the suburbs as home prices in the cities of Amsterdam, Rotterdam, Utrecht and The Hague continue to rise, according to homeowners association Vereniging Eigen Huis. First time buyers can no longer afford buying in one of the large cities, AD reports.

Entrance to parking in front of the NH Barbizon Palace in Amsterdam
Apr 5 '18 11:40

A parking spot in Amsterdam city center is currently listed for the same price as a freestanding home in the Friesland town of Burum - 89 thousand euros, RTL Z discovered.

Both the parking spot in Amsterdam and the home in Burum are listed on website Funda.

A home on Groot Haesebroekseweg in Wassenaar
Apr 5 '18 08:40

The number of homes in the Netherlands worth over a million euros increased by 37 percent to 42,300 last year - a new record for the Netherlands, real estate researcher Calcasa announced on Thursday, NU.nl reports.

The average price tag on one of these homes was 1.36 million euros last year. The average price per square meter was 5,300 euros. Over the past year these million euro homes' values increased by 9.2 percent, compared to an 8 percent value increase for all owned homes in the Netherlands. 

sign
Mar 26 '18 10:20

Only 15 percent of renters in the Netherlands are satisfied with the home they live in, according to a housing index report by ING. Most common complaints involve that their rental home is too small or too expensive, RTL Nieuws reports.

Renters in the Netherlands feel that they pay too much for what they get. Many wish they had a garden or that their home was larger. 

houe for sale/sold sign
Feb 21 '18 13:20

Housing prices in the Netherlands were 8.8 percent higher in January than in the same month last year, the highest increase in 16 years, Statistics Netherlands and the Land Registry reported on Wednesday. 

The prices of existing homes in the country have been increasing steadily since June 2013. Housing prices are now at about the same level as in January 2008. 

Compared to the housing market peak in June 2008, the current housing prices are still 2 percent lower. Compared to the low point on the market in June 2013, the current prices are around 25 percent higher. 

house for sale
Feb 9 '18 10:50

Housing prices in the Netherlands will increase even more this year than they did in 2017, according to Rabobank. Economists at the bank expects housing prices to increase by 8 percent on average in 2018, compared to 7.6 percent last year. Next year housing prices will increase by around 7 percent, NU.nl reports.

For Sale signs (Source: Wikimedia/Andy F)
Feb 8 '18 12:40

The cheapest homes in the Netherlands could be bought in Delfzijl last year, at an average price of 141,600 euros for a home. Bloemendaal was most expensive at 775.800 euros per home on average, over five times more expensive than in Delfzijl. The national average was 263 thousand euros per house, Statistics Netherlands reported on Thursday.

houe for sale/sold sign
Feb 7 '18 07:39

The average wealth of Dutch households increased by almost 10 percent in 2016, Statistics Netherlands reported on Wednesday based on new figures. This is mainly due to increasing house prices. Dutch without their own home did not see a wealth increase in that year, according to the stats office.

Nearly three in five households owned their home in 2016. An owned home formed the largest part of household's assets at 57 percent, followed by savings. Mortgage was also the largest debt item of Dutch households that year, making up 86 percent of the average household's debt. 

houe for sale/sold sign
Dec 18 '17 15:30

The number of existing homes sold in the Netherlands started slowly declining over the past months, after a peak of 25,280 homes sold in December last year, Financieele Dagblad reports based on figures from the Land Registry.

Amsterdam Winter overhead
Dec 6 '17 11:40

In an effort to deal with the housing shortage in Amsterdam, a massive 27 thousand new homes were built in the Dutch capital over the past four years of the city coalition's reign. This year construction started on nearly 7.300 homes, the city said in a press statement on Wednesday. Despite these new homes, housing prices in Amsterdam are still increasing alarmingly. The city will therefore collaborate more with regional municipalities, building 60 thousand more homes in the region up until 2020.

houe for sale/sold sign
Nov 28 '17 09:34

Home sellers in the Netherlands made a profit of 32 thousand euros on average this year, according to calculation by research agency Calcasa. Amsterdam sellers were the most well off this year, making an average profit of 131 thousand euros, RTL Nieuws reports.

houe for sale/sold sign
Nov 21 '17 10:40

Existing home prices in the Netherlands increased by 8.2 percent in October, compared to the same month last year - the biggest increase since early in 2002, according to Statistics Netherlands and the Land Registry.

Housing prices in the Netherlands have been steadily rising since June 2013. The average price level of existing homes in October 2017, was at the  same level as in May 2007. October's housing prices were still 4 percent lower than the price peak in August 2008, and 22 percent higher than the housing market low point in June 2013. 

For Sale signs (Source: Wikimedia/Andy F)
Nov 20 '17 10:30

The average mortgage loan amount in the Netherlands reached an all time high at 287 thousand euros in the third quarter of this year, an increase of 2 percent compared to the second quarter, according to figures from IG&H Consulting & Interim. The increasing housing prices makes it more difficult for first time buyers to enter the housing market - the number of mortgage applications from this group decreased by 7 percent, despite an overall increase in the number of mortgages taken out, NU.nl reports.

Amsterdam apartment listing, November 2017
Nov 1 '17 13:50

A teeny tiny, ramshackle apartment near Amsterdam's popular Vondelpark is currently listed for sale on home sale site Funda at a massive 340 thousand euros. The 49 square meter flat needs to be "completely renovated on the inside", the broker writes on Funda. 

houe for sale/sold sign
Oct 20 '17 14:40

Home prices in Amsterdam increased sharply in Amsterdam in the third quarter, while the number of home sales in the entire Noord-Holland dropped, according to figures from Statistics Netherlands and the Land Registry. Home prices in Amsterdam were 13.8 percent higher, compared to the third quarter last year. Nationwide, home prices increased by 7.6 percent. 

Home sales in the Netherlands reached record high in the third quarter. Over 61 thousand homes were sold, the highest number ever sold in one quarter. These transactions involved over 16 billion euros.

Amsterdam
Oct 13 '17 09:49

For the first time in ages, the housing prices in Amsterdam declined slightly. In the third quarter, housing prices were 0.5 percent lower than in the second quarter. "Maybe we have reached the top of the market", Sven Heinen, the chairman of Amsterdam real estate association MVA, said to the Volkskrant. This may well be the first sign that the overheated Amsterdam housing market is starting to cool.

houe for sale/sold sign
Aug 29 '17 09:26

Over a quarter of homes sold in the second quarter of this year, were sold for or above the asking price, according to a study by Calcasa. This combined with skyrocketing housing prices, and an increase in house sales, indicates that the housing market in the Netherlands is overheating, the company, which is focused on automated valuation and statistical analysis of real estate, concluded, NU.nl reports.

houe for sale/sold sign
Aug 17 '17 11:50

The risk of a bubble forming in the Dutch housing market is increasing, though it is currently limited to popular markets like Amsterdam and Utrecht, Rabobank said in a quarterly report. Driven by renewed confidence in the economy and low interest rates, home buyers are increasingly buying above the asking price in the expectation that house prices will continue to rise for a long time, according to the bank, RTL Nieuws reports.

sign
Aug 3 '17 13:30

The rapid rent increases in the free sector seems to be slowing down in most of the big cities in the Netherlands, according to figures from rental site Pararius for the second quarter. Only Utrecht is still seeing large rent increases. Outside the Randstad, however, rental prices are skyrocketing, NOS reports.

Outside the Randstad areas, rental prices increased on average by 10 percent in the second quarter. The average increase in the Randstad was 4.7 percent. Flevoland and Groningen even saw increases of 23 and 17 percent respectively. 

houe for sale/sold sign
Jul 13 '17 12:00

In the past quarter the number of homes sold in the Netherlands decreased for the first time in nearly three years, according to realtors association NVM. The association attributes the decrease to a shortage in available homes on the market. There were 97 thousand existing homes for sale throughout the Netherlands last quarter - the lowest number since 2004, NOS reports. 

In April, May and June 56,900 homes were sold in the Netherlands, a decrease of 0.8 percent compared to the same quarter last year. 

houe for sale/sold sign
Jul 3 '17 10:40

An increasing number of Dutch homes are being bought without a mortgage, according to the Land Registry. Last year almost a third of the apartments sold in the Netherlands were bought in cash, NOS reports.

In the large Dutch cities Amsterdam, Rotterdam and The Hague, about 25 percent of houses were bought without a mortgage. In student cities like Delft, Groningen and Maastricht, 30 percent were bought in cash. Last year mortgage-free buyers spent 8.6 billion euros on homes, 16 percent of the total money spent on mortgages. In 2011 it was 4 billion euros. 

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