New housing slows, construction growth stalls amid emissions crisis
4 years, 11 months ago

New housing slows, construction growth stalls amid emissions crisis

NL Times  

Construction production in the Netherlands increased last year, but that growth will stall in 2020 and 2021 as a result of the nitrogen emission problem. According to the institute, the total production in the non-residential building sector increased by more than 7 percent last year, driven by the construction of new homes. In the first months of 2019, fewer permits were issued for the construction of new homes, and this was reinforced in the second half of the year due to the nitrogen crisis. The EIB therefore expects that the construction of new homes will decrease by around 5 percent in both 2020 and 2021. That is 60 thousand new homes finished in 2020, and around 55 thousand in 2021, according to RTL Nieuws.

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ING expects more newly built homes and a recovery in construction production in 2025
2 days, 11 hours ago

ING expects more newly built homes and a recovery in construction production in 2025

NL Times  

The supply of new homes in the Netherlands will likely pick up this year, although a shortage of building land, for example, will continue to hamper home construction. The experts also believe that construction production as a whole will show recovery in 2025 after a brief dip last year. However, the specialists at ING also added that further growth in …

Construction sector is shrinking in 2024 but will recover for next two years; ABN Amro
1 month ago

Construction sector is shrinking in 2024 but will recover for next two years; ABN Amro

NL Times  

The construction sector is going to shrink for the second year in a row this year but will grow again in 2025 before increasing more significantly in 2026. Construction companies have struggled with high interest rates, full power grids, limited nitrogen space, an increase in construction costs, and staff shortages. But there is a need for new homes, and the …

Construction industry harder hit by Covid-19 than 2008 economic crisis
4 years, 9 months ago

Construction industry harder hit by Covid-19 than 2008 economic crisis

NL Times  

Some 40 thousand jobs in the construction sector will disappear in the coming two years due to the coronavirus, according to the economic institute for construction EIB. The institute thinks this crisis will hit construction harder than the 2008 economic crisis. Many construction projects were brought to a sudden halt when the Council of States declared the government's nitrogen approach …

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