Vesteda Housing Market Indicator drops to 6.2
In the third quarter of 2020, Vesteda rates the market conditions for residential investors in the Netherlands with 6.2. This is a decrease of 0.8 compared to the previous quarter.
The consequences of the COVID-19 pandemic on the Dutch economy are visible in the third quarter in the Vesteda Housing Market Indicator. The impact on the housing market factors is not (yet) visible. House prices are still increasing and the transaction rate is still high. The rental market is also still in good shape, despite a slight increase in vacancy in the high-end segment. Strong demand, limited supply and low interest rates seems to lay a firm foundation.