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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 …

Rental homes' value to drop 16% by end 2024: ABN Amro

Rental homes will decline sharply in value this year and next year, ABN Amro expects. This uncertainty now makes it less attractive to invest in these homes,” said Paul Bisschop, a real estate economist at ABN Amro. He pointed out that measures have already been taken to regulate the rental market, such as increased transfer tax for investors, several municipalities …

Rental Bisschop Rental Homes

Home sales to keep falling next year due to slow new construction: ABN Amro

The number of home sales will not increase next year as previous forecasts expected. According to ABN Amro, which previously assumed growth of 2.5 percent, the number of transactions will decrease by that same percentage in 2024. “Because this takes time, the number of transactions will likely remain low.” ABN Amro expects 5 percent fewer transactions this year than last …

Sight Homes

High costs, rising interest rates, slow processes for granting permits and uncertainty about policy changes are making it increasingly unlikely government targets for building affordable homes will be met, ABN Amro economists have said in a new report. Housing minister Hugo de Jonge has pledged to build 900,000 new homes by 2030, of which 60% must be affordable rentals or …

Homes

Increasingly difficult to build new homes: ABN Amro

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 …

New Homes

Home prices will fall 2.5 percent next year, ABN Amro economists predicted in a report on the housing market. The number of home purchases is falling, there are more homes for sale, and everything indicates that, after years of unprecedented price increases, house prices will fall next year,” ABN Amro wrote. “The increased housing requirements due to working from home, …

Number of home sales to drop 17% this year: ABN Amro

Due to the rising mortgage rates, ABN Amro expects even fewer homes to change hands this year than previously thought. For next year, the bank expects a 2.5 percent decrease instead of the previously anticipated stabilization. Due to the loss of purchasing power as a result of inflation and high energy costs, there is less room for mortgage spending,” said …

The number of new rental properties added to Dutch housing stock fell 9% last year, when compared with 2020, as the mounting cost of workers and material lead developers to delay projects, ABN Amro said in a new analysis of the housing market. While most new rental homes were realised in Amsterdam, the total in the capital was just 2,965, …

Rental Homes