Buyers Get More Room to Negotiate as Housing Supply Grows - DutchNews.nl
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8 Articles
Some wiggle room in housing market in Q3 due to more supply; Prices up 1.8% to €503,000
An increased supply created some space in the Dutch housing market in the third quarter of this year, the Dutch realtors’ association NVM reported on Thursday. While the market remains tight, buyers had more to choose from and some more time to think. The average sale price stood at €503,000, an increase of 1.8 percent compared to a year earlier.
Although there is more room for homebuyers to negotiate, the tightness in the housing market persists. This is the conclusion of the real estate association NVM. In the past quarter, affiliated real estate agents sold 41,700 existing homes, approximately the same number as a year ago. Due to the summer holidays, there are always fewer transactions in the third quarter. This quarter, the decline was greater than normal. An existing home cost an a…
Considerably More Choice for Home Seekers, New Construction Risks 'Pricing Itself Out of the Market'
There is a lot more to choose from for people looking for a home for sale. In the past quarter, there were 39,000 existing homes for sale from NVM brokers, almost a quarter more than a year ago. The range of new buildings also increased sharply and is at the highest level in eleven years. It gives home seekers considerably more air, although there is a risk that new buildings will “price themselves out of the market”.
Homebuyers had more choice in the third quarter and sometimes room to negotiate again. At NVM real estate agents, there were… Housing market: more choice for buyers, price 503,000 euros
UTRECHT (ANP) - The supply of existing homes on the tight housing market increased further in the past quarter, reports the Dutch Association of Real Estate Agents (NVM). As a result, home seekers had slightly more choice and, in some cases, more room to negotiate. The average selling price...
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