Development of housing market fits within normal seasonal pattern

News - 10 August 2023 - Communication BK

The second quarter of 2023 shows positive purchase price trends, as well as a higher number of mortgages taken out and homes sold. This fits within the usual seasonal pattern of the owner-occupied housing market. Therefore, this cannot yet be seen as the definitive reversal of the current correction in the owner-occupied housing market. However, there are indications that a free fall in transactions and prices is not to be expected in the coming months.

Read the full article here in Dutch.