Despite Stricter Rules, Residential Landlords Hold Firm, Increasing Market Share: Land Registry Data

Despite Stricter Rules, Residential Landlords Hold Firm, Increasing Market Share: Land Registry Data

Feb 1, 2024 at 10:17 PM Update: 8 hours ago Despite the introduction of stricter rules, residential landlords have not yet put their houses up for sale en masse. Their share in the total housing market has even increased, according to figures from the Land Registry. In 2023, these housing investors owned 9.4 percent of … Read more

Recent Mortgage Interest Rate Changes: What Home Buyers Need to Know

Recent Mortgage Interest Rate Changes: What Home Buyers Need to Know

Jan 22, 2024 at 10:05 AM Update: 8 minutes ago Banks and other lenders have further reduced mortgage interest rates in recent weeks, according to figures from Van Bruggen Adviesgroep. However, the biggest declines appear to be behind us for the time being. For example, the rate for those who want to fix the interest … Read more

Rising and Falling: Housing Market Trends in North Holland and Utrecht

Rising and Falling: Housing Market Trends in North Holland and Utrecht

Jan 22, 2024 at 12:13 AM Although prices of owner-occupied houses are now rising again, they have fallen for quite some time last year. This was especially visible in North Holland and Utrecht, where a home was on average almost 5 percent less expensive than the year before. This is evident from figures from statistics … Read more

Record Number of Renovation Conflicts in 2023: Solar Panels, Neighbors, and Hidden Defects Cause Legal Battles

Record Number of Renovation Conflicts in 2023: Solar Panels, Neighbors, and Hidden Defects Cause Legal Battles

Jan 18, 2024 at 00:01 New solar panels, extensions or extra insulation: many renovations last year did not go without a hitch. Legal expenses insurer SAR counted a record number of conflicts and sees “hardened relationships” between neighbors, contractors and renovating homeowners. For example, the legal expenses insurer received more legal assistance requests about solar … Read more

Housing Market Tightens as More Than Half of Homes Sold Above Asking Price in Latest Quarter

Housing Market Tightens as More Than Half of Homes Sold Above Asking Price in Latest Quarter

Jan 11, 2024 at 9:59 AM Update: 25 minutes ago More than half of the homes sold last quarter changed hands for more than the asking price. That is more than the 46 percent of the three months before. Figures from real estate agents’ association NVM also show that the housing market is becoming increasingly … Read more

How New Mortgage Rules Are Impacting Home Buyers and Green Energy Investments

How New Mortgage Rules Are Impacting Home Buyers and Green Energy Investments

NOSEa heat pump is installed NOS Nieuws•vandaag, 17:25 Leanne Kraniotis economics editor Leanne Kraniotis economics editor Until recently, home buyers hardly looked at the energy label of a house they were interested in. That has changed in the past few years, mainly due to rising energy prices. And since January 1, something has been added: … Read more

Asian Real Estate Market Pressures: China, South Korea, Vietnam, and More- Crisis and Impact in 2024

Asian Real Estate Market Pressures: China, South Korea, Vietnam, and More- Crisis and Impact in 2024

▲China’s real estate market is in a downturn and is full of crises. File photo. (Photo/AP/Dazhi Image) [NOWnews今日新聞] China’s real estate market is in a downturn and is riddled with crises. However, other Asian regions outside China, such as South Korea, Vietnam, and Hong Kong, are also facing increasing pressure due to rising interest rates … Read more

Bank of Korea Economic Outlook Report: 2024 Forecast and Analysis

Bank of Korea Economic Outlook Report: 2024 Forecast and Analysis

[딜사이트 김진욱 기자] The Bank of Korea forecast Korea’s economic growth rate to be 2.1% next year. The Bank of Korea predicted Korea’s economic growth rate at 2.1% in 2024 through an economic outlook report released last November. This is a 0.1 percentage point decrease from the 2.2% forecast in July. The Bank of Korea … Read more

Construction Sector Growth Falters: ING Research Predicts 2.5% Shrinkage in 2024

Construction Sector Growth Falters: ING Research Predicts 2.5% Shrinkage in 2024

29 dec 2023 om 05:08 While construction will have shown a growth of 3 percent in 2023, the sector will shrink by 2.5 percent in 2024. According to ING Research, fewer building permits are being issued remains the biggest problem. Approximately 56,000 building permits were issued in 2023, which is 13 percent less than in … Read more

Expert predicts housing market reawakening as mortgage rates fall below 5%

Expert predicts housing market reawakening as mortgage rates fall below 5%

House prices have reached a new all-time high and mortgage rates have started to fall – but that won’t yet be enough to revive the property market, according to an expert. Even as borrowing costs fall, keeping home buyers away, the “lock-in effect” of homeowners reluctant to sell and give up their current 3% or … Read more