The change in mood and in numbers in the Netherlands has been dramatic. After almost five years of continuous house price falls, property transactions are increasing strongly, and house prices are rising modestly.
“The recovery in the housing market is no longer limited to urban areas, and home sales are also improving outside the cities,” according to NVM Chairman Ger Hukker.
The Dutch housing market is expected to continue to strengthen in the coming months, thanks to low interest rates, increased consumer confidence, and improving economic conditions. Rabobank expects average house prices to increased 1.5% - 3.5% in 2015, and property sales are expected to reach between 160,000 units and 180,000 units.
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