US EditionHousing Shortage, Wage Hikes to Push Netherlands Home Prices up 8% This Year: ABN Amro
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3 Articles
According to ABN Amro, house prices in the Netherlands are rising more than expected this year. The bank has revised its forecast to an increase of 8 percent, compared to the previous 7 percent. "The price growth is mainly driven by income growth and a shortage of supply," according to the economists.
Housing shortage, wage hikes to push Netherlands home prices up 8% this year: ABN Amro
Home prices in the Netherlands will increase by 8 percent this year, ABN Amro expects. The housing shortage and people earning more have outweighed the global uncertainty, the bank’s housing market economists said. The bank, therefore, increased its expectations for home price development by 1 percent. It also now expects the number of housing transactions to increase by 12.5 percent this year, instead of 5 percent, mainly due to landlords selli…
According to ABN AMRO, house prices in the Netherlands are rising more than expected this year. The bank has revised its forecast to an increase of 8 percent, compared to the previous 7 percent. "The price growth is mainly driven by income growth and a shortage of supply," the economists say.
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