RaboResearch - Economic Research

Dutch Housing Market Quarterly Dutch version

House price growth reaches dizzying heights, while sales start to decline

While we still expect house prices to increase substantially this year, sales activities seem to reached a turning point on the Dutch housing market. Hampered by an increasing scarcity of homes in almost all regions, we have adjusted our 2018 sales forecast from 250,000 to 235,000 homes, a decline of 3% compared to 2017.

Dutch Housing Market Quarterly Dutch version

Regional house price differences are widening

We expect a house price growth of 7.6 percent in the Netherlands in 2017. Country-wide, price peak of 2008 will be surpassed in early 2018 – in the more peripheral provinces this can take until 2020. We expect a stagnation of the number of sales in the second half of 2017.

Dutch Housing Market Quarterly Dutch version

House prices on course to hit new peak

On the Dutch housing market, more transactions than ever in the first quarter: 55,911 homes changed owners. Prices rose by 6.8% in the first quarter compared to the first quarter last year. We expect a price increase of at least 6.5% for 2017.