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 …
Home prices in the Netherlands will fall 10 percent in the coming two years, 6 percent in 2023, and 4 percent in 2024, ABN Amro expects. This is because mortgage interest rates have risen sharply while disposable income is under pressure from inflation,” ABN Amro economist Philip Bokeloh said. The higher mortgage interest rates mean people can borrow less on …
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 …
Dutch cinemas are unlikely to recover from financial losses caused by the coronavirus crisis in the foreseeable future, experts from ABN Amro predicted. Cinemas are slowly getting back on their feet partly because of the success of the new James Bond film that premiered in Dutch cinemas at the end of September, according to ABN Amro. ABN Amro does not …