According to ABN Amro, prices on the housing market will rise again this year by no less than 12.5 percent. Low interest rates, tight labor market and the limited supply on the housing market are pushing prices up further.
The bank expects prices to rise by 5 percent next year. Low interest rates are the main reason for the huge prices. According to an economist from the Economic Bureau, prices will not fall but can only rise.
Low interest rates mean that people can borrow money very cheaply to buy a house. As a result, people quickly start looking for a house. The bank does expect, because it has been taking so long, that the effect of this will be less this year.
In addition, there is still a shortage in the labor market. There is a staff shortage in various sectors, which means that people who start a new job have a good negotiating position about their salary. More pay means being able to offer more.
Source: RTL News
January 7, 2022
In the third quarter of this year, the average price for square meters increased again by 2.5 percent compared to the same quarter last year. Of course, Amsterdam still remains the most expensive city to rent a home. Prices there rose by 1.6 percent in the past quarter. On average, new tenants paid 22.44 euros per square meter per month. These numbers come from the monitor.
After four quarters, there is again a price increase. In the third quarter of 2020, rents in the free sector fell for the first time in six years. This was mainly due to the fact that the expats stayed away because of the coronavirus. It was less easy to rent out houses that had become vacant. To prevent vacancy, the houses are priced more attractively.
The expat market is now fully operational again. The wider range of short stay options has disappeared because expats are flocking to the Netherlands again. This is accompanied by recent price increases.
Source: Vastgoed Actueel (Translated)
October 14, 2021
You have been able to buy a home for quite some time now with a very low mortgage interest rate.In recent months there has been little movement in interest rates. According to Mortgage Advisory Group Van Bruggen, it will also remain quiet in the area of mortgage interest in the coming weeks. How is this possible?
Compared to the market interest rate, the mortgage interest rate is quite stable, reports the mortgage advisory group. Normally, the mortgage rate follows the capital rate, but this year the capital market rate rose and then fell again. Mortgage interest rates remained stable and low in comparison.
According to Amanda Bulthuis of Geld.nl, the cause is clear. It would be due to the strong competition in the mortgage market. Lenders do not dare to raise their interest rates. They prefer to opt for a low margin so as not to lose their market share.
Her expectations are that interest rates will remain stable for a few months, but then rise again. “As the corona measures are increasingly relaxed and people are starting to spend more again, inflation continues to rise. This will ultimately lead to capital market interest rates rising further and mortgage lenders will have to raise their rates in order to earn enough from their mortgages.”
Source: Dagblad van het Noorden (Dutch)
August 9th 2021
In the first quarter of this year, buyers between the ages of 18 and 35 determined the housing market. This age group was the buying party in just over 60 percent of the transactions. According to the figures, this age group mostly bought houses with values exceeding 400 000 euros.
The reduction of the transfer tax seems to play an important role. First-time buyers no longer have to pay transfer tax, in order to encourage potential first-time buyers. 40 percent of young home buyers who make use of the transfer tax exemption are transferees.
The idea behind this arrangement is that you can use it once. It is expected that the number of starters that use will be forthcoming.
May 5, 2021
The Central Bureau of Statistics (CBS) reports that 69,332 new-build homes were completed last year. This is less than in 2019, when 71,500 new-build homes were built.
The number of new-build homes has not increased for the first time since 2015. In 2014, the number was still around 45,000 homes. "We do not know exactly whether the decrease is due to the nitrogen and PFAS problem or whether there were simply fewer building plans," says Peter Hein van Mulligen of CBS. "It can be anywhere, it is slightly less than in 2019 but still more than the years before."
Despite the fact that the housing shortage has not yet been resolved, an additional 845,000 homes must be added in the longer term in the next 10 years.
January 28, 2020
In 2020, the solar park at Groningen Airport Eelde generated more energy than expected. 6,600 homes are supplied with green electricity instead of the expected 6,200 households. This is due to the clear spring weather and the many hours of sunshine over the past year.
It is the first solar park in the world to be constructed between an active take-off, taxiway and the apron. According to the airport manager, it is fantastic that in this way the central area has a dual function. It is also beyond expectations.
Several airports and organizations are interested in the sustainability project. There is an increasing demand for making locations more sustainable.
January 29, 2021
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