Supply does not keep up with demand, and prices are rising, according to Global Property Guide.
Property prices in the Netherlands continue to rise, supported by record low interest rates, and supply is unable to meet high demand.
Housing on average rose by 6.5 % during 2019. For the fourth quarter of last year, prices increased by 4.2 %.
Real estate in the Netherlands has been steadily growing in price for several years: by 8.5 % in 2018, by 6.9 % in 2017, by 8.8% in 2016, by 4.5% in 2015 and by 2.7% in 2014. Continue reading
The coronavirus pandemic, panic on world markets, quarantine, falling oil prices and the falling ruble have affected the real estate market.
The first to suffer were the hotel segment and retail-cafes, restaurants and shopping centers. Already, companies are cutting costs and staff; hotel operators are renegotiating with owners to reduce the price of rental contracts.
We assume that the first bankruptcy in the hotel segment will begin in two or three months. Continue reading