The construction of new homes is becoming increasingly difficult due to unfavorable market conditions, ABN Amro wrote in a report on the construction sector. According to the bank, rising interest rates, higher sustainability and quality requirements, and difficult permits due to the nitrogen issue are causing headwinds. ABN Amro concludes that “delivering energy-efficient and affordable new construction is a tough …
Real estate prices and values will decrease next year, due to the economic recession and rising unemployment caused by the coronavirus, according to economists at ABN Amro. On average, real estate values will decrease by 6 percent next year, sector economist Madeline Buijs said in a report. Retail properties will be hit the hardest, ABN Amro expects, with values already …
