Last quarter in the Dutch housing market 📈
House prices are up again, as a significant rental market outflow is evident. The government’s Spring Budget’s announcement of a two-year freeze on social rents raised concerns among housing corporations about a potential €47.4 billion capital investment shortfall. There is further concern regarding housing supply, with early 2025 building permit figures suggesting a widening gap with the government’s annual target of 100,000 new homes.
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Hallo my name is gorai en dan. And the dynamic credit Dutch housing market updates every quarter, we collect key insights about the housing market that you need to know. Follow me. De Dutch House Market is under continu pressure housing precis aur up and are execten to incrisis verder. Even further as a result of tight housing supply and high demand. Meanwhile, improvements in housing supply is taking its time. The number of issued building permits we've seen in the first few months of this year are roughly half of what we've seen in the same period last year. That's well below targets. The year started off with rising mortgage interest rates, on average about 25 basis points. This sudden increase was driven by heightened volatility and underlying euro swap rates reflecting. Recent geopolitical and macroeconomic trends Meanwhile, the rental market is feeling the effects of government policies, Supply and rental properties remain scarce as a sell off continues. More renters are pushed into the private sector as the competition for affordable housing intensifies. Unfortunately, sustainability figures are down. Home owners are making fewer energy improvements to their homes, supported by a decline in heat pump sales figures. This is caused by a change in the economic climate, but also a reduction in government supports. That's all for now. Find the details in our quarterly reports. Be sure to check it out until next time. Well.
Senior Data Engineer at Dynamic Credit
1dNice insights! 👌