housing market

Home for rent
Apr 24 '19 15:10

Municipalities bordering the large Dutch cities are seeing large population growth, which means that rents in these municipalities are also rising sharply. In the first quarter of this year, free sector rents nationwide increased an average of 4.9 percent compared to a year ago, while some areas around the Randstad saw increases of more than 18 percent, rental broker Pararius said on Wednesday, NU.nl reports. 

Amsterdam
Apr 9 '19 14:20

Expats and foreign students are a big driving force behind the spike in Amsterdam housing prices, ING's economic office said in a report. Housing prices in Amsterdam increased by an average of 70 percent since the low point on the housing market in 2013, compared to the national average of 30 percent.

Amsterdam center
Mar 14 '19 14:10

The municipality of Amsterdam is working on implementing a rental ban on new owner-occupied homes, in an attempt to prevent new homes from being bought up by investors and then rented out for hefty sums, the municipality said in a press statement. The ban will not only apply to the first buyer, but also to the people who later buy the home.

Sold sign in front of a home
Mar 7 '19 12:40

After years of skyrocketing prices, the housing market in the Netherlands may be cooling down. In the last quarter of 2018, one in five municipalities saw home prices decrease compared to the previous quarter, according to the quarterly report of valuation company Calcasa. The price decreases mainly happened in Limburg and Groningen, RTL Nieuws reports.

Hard hat
Feb 28 '19 08:10

Up until 2022 another 10,500 homes and rooms will be built for students and young people in Amsterdam and surrounding region - 9 thousand in Amsterdam and 1,500 in the surrounding municipalities, the city of Amsterdam announced. 

Sold sign in front of a home
Feb 26 '19 13:20

The average selling price for a home in the Netherlands surpassed the 300 thousand euros mark for the first time in history. In January homes exchanged owners for an average of 302,157 euros, Statistics Netherlands and the Land Registry reported on Tuesday.

Compared to January last year, the price for an owner occupied home increased by 8.7 percent. The housing price increase is picking up. In December homes were 8.4 percent more expensive than the same month the year before.

Sold sign in front of a home
Feb 19 '19 13:50

The wealth of the median Dutch household increased significantly in 2017, rising by 6 thousand euros to 28,300 euros. This is mainly due to substantial price increases on the housing market, Statistics Netherlands reports. If homeownership is taken out of account, the median wealth increased only slightly compared to 2016 to 14,100 euros. 

Statistics Netherlands looked at all the assets and debts of Dutch households. Savings and investment mortgages are not included in these figures as the stats office was not given access to that data. Pensions are also not included.

Hard hat
Feb 14 '19 09:13

Housing corporations are unable to build as many homes as they want due to rising construction costs and a lack of locations, they said in a survey by housing corporations' association Aedes. New construction projects also regularly turn out to be financially unfeasible due to higher construction costs, they said, NOS reports.

Korte Leidsedwarsstraat in Amsterdam
Feb 13 '19 10:10

Amsterdam housing corporations are struggling with housing fraud on a large scale. They estimate that between 10 and 20 percent of their 186 thousand homes are being illegally sublet, Financieele Dagblad reports after speaking with Ymere, Rochdale and Stadgenoot - the three large housing corporations in Amsterdam.

sign
Feb 12 '19 13:00

Over the past decades free sector rental homes have been too much of a "neglected child" in the Dutch housing market policy, Klaas Knot, president of Dutch central bank DNB, said in a speech on Monday. He called for more attention to be paid to this part of the housing market, ANP reports.

Home for rent
Feb 8 '19 12:00

The price to rent a home in the Netherlands continued to rise in the second half of 2018. The average rent increased by 2.9 percent. The average price per square meter increased by 5.9 percent, according to realtors association NVM and real estate managers association VGM, ANP reports.

Sold sign in front of a home
Jan 10 '19 13:00

The Dutch housing market is still overheated, but is cooling down slightly in the most heated parts of the market, realtors association NVM concludes based on the sales figures for the last quarter of 2018. "In some regions and especially in Amsterdam we see that the ceiling of continuous price increases is slowly being reached", NVM chairman Ger Jaarsma said, NOS reports.

Roetersstraat in Amsterdam
Jan 9 '19 14:30

The madness on the Amsterdam housing market seems to have reached a new low point with an ad for a room for rent on Kamernet.nl, which RTL Nieuws discovered. The six square meter room was advertised for 878 euros per month. The ad has since been removed.

Paiement_euros
Dec 18 '18 12:00

As the Dutch economy continues to improve, more permanent jobs will be offered in the Netherlands and contract wages at companies will continue to rise, according to Dutch central bank De Nederlandsche Bank (DNB), NU.nl reports.

The number of permanent jobs is already increasing, said Job Swank, director of financial stability at DNB. This year, contract wages are expected to rise by 2.1 percent, after they already rose 1.5 percent in 2018. For 2019 and 2020 the bank expects wage increases of 2.6 and 3 percent respectively. 

Hard hat
Nov 22 '18 15:50

The municipality of Amsterdam plans to construct 52,500 new homes in the next seven years, responsible alderman Laurens Ivens announced. The main risk for these ambitious construction plans may be the shortage of construction workers, he said, AD reports.

"The plans are there. Hopefully we can find enough construction workers and the state will cooperate", Ivens said while presenting the municipality's plans on Thursday. The city wants to build 7,500 homes per year in its period of government. The rest will be built in the years thereafter.

houe for sale/sold sign
Oct 11 '18 13:50

There is a considerable shortage of homes on the Dutch housing market. As a result, fewer homes are being sold for higher prices. And home sales are also happening faster and faster, according to figures released by the Dutch association of realtors NVM, NU.nl reports.

A quiet, sunny Amsterdam Central Station, 26 Feb 2018
Sep 28 '18 08:57

Amsterdam rose to the 5th place on Swiss bank UBS's ranking of cities with the highest risk of a house price bubble. In these cities home prices rose so fast compared to inhabitants' incomes, that there is a good chance that the housing market will collapse, Het Parool reports.

Hong Kong is first on the ranking, followed by Munich, Toronto and Vancouver. Amsterdam rose from 8th place last year to 5th this year, passing Sydney, London and Stockholm.

houe for sale/sold sign
Sep 21 '18 10:00

Existing owner-occupied homes in the Netherlands were 9.3 percent more expensive in August than in the same month last year, Statistics Netherlands and the Land Registry reported on Friday. The price increase was higher in August than in previous months.

houe for sale/sold sign
Sep 5 '18 08:44

Ten years after the outbreak of the credit crisis, the average selling prices of existing owner-occupied homes in the Netherlands are back on the level of 2008. Though the recovery can mainly be seen in the Randstad area. Prices in the big cities are now far above the 2008 level. But in many places outside the Randstad, house prices are still lower than before the crisis, Statistics Netherlands reported on Wednesday.

My_room_in_the_dormitory_(7950132936)
Aug 14 '18 11:10

For the first time students in the Netherlands on average pay over 400 euros per month for a room. Student housing rents increased more than 5 percent compared to last year, according to student housing website Kamernet, RTL Nieuws reports. 

Amsterdam is the most expensive when it comes to student housing, with an average price of 571 euros per month for a room. Rotterdam saw a student housing rent increase of 7.4 percent to 460 euros per month. 

For Sale signs (Source: Wikimedia/Andy F)
Jul 20 '18 13:40

The prices of existing homes in the Netherlands increased by 8.8 percent in the second quarter compared to a year earlier, reaching a record high. The number of home sales decreased almost everywhere in the country, Statistics Netherlands and the Land Registry reported on Friday.

Amsterdam city center
Jul 17 '18 08:55

Amsterdam and seven other popular cities are asking the United Nations for help in dealing with the problems of overcrowded city centers and overheating housing markets. The cities hope the UN will put pressure on national governments to intervene, NOS reports.

houe for sale/sold sign
Jul 12 '18 12:20

A third of the homes sold in the Netherlands in the second quarter of 2018 were sold above the asking price - the first time ever that overbidding happened so often in the country, according to the Dutch association of realtors NVM. In early 2014 only 5 percent of homes were sold at above asking price, RTL Nieuws reports.

houe for sale/sold sign
Jul 5 '18 14:20

ABN Amro expects that home prices in the Netherlands will increase by an average of 8.5 percent this year and 7 percent next year, instead of the bank's previous predictions of 8 and 5 percent respectively. According to the bank, interest rates will remain low for the time being, resulting in housing prices increasing faster than previously expected, ANP reports.

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