By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: No housing market slowdown and more choice for renters
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > No housing market slowdown and more choice for renters
News

No housing market slowdown and more choice for renters

Fesadeb
Last updated: 2020/06/16 at 11:58 AM
Fesadeb Published June 16, 2020
Share
SHARE

New figures from the Dutch real estate agents association NVM show that the coronavirus crisis has yet to have an impact on the housing market, with the number of houses changing hands actually rising in the past four weeks. Last week, for example, 3,700 homes changed hands, the highest weekly total this year. In the first month of the crisis, 12% of the homes being sold cost more than €500,000, but that percentage has now risen to 17%, the NVM said. ‘This data relates to the current situation… but on the basis of these facts, we would definitely distance ourselves from negative forecasts,’ chairman Onno Hoes said. ‘When buying or selling a home, people think long-term.’ Rents The NVM figures also show the number of rental properties on offer outside the social housing sector has gone up by 20% year on year. While the average price for a non-rent controlled property is €1,230, in Amsterdam the figure is €1,700. However, this is down from the €1,800 peak registered a year ago. In Amsterdam, supply has increased because landlords who usually rent out property via holiday agencies like Airbnb are now turning to long-term rentals as tourism dries up. Share Share Tweet Share

 

source: DutchNews.

You Might Also Like

US Explains Reasons Behind Shortened Visa Validity for Nigerians

Presidency Debunks Reports Linking Shettima’s Remarks to Rivers Crisis

Kemi Adeosun Launches N70m Halfway Home to Empower Nigeria’s Forgotten Youths

Tinubu to Inaugurate Nigeria’s First National Steel Summit in Abuja

Nigeria Unveils Education Reform Plan to Tackle Falling Standards

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

Fesadeb June 16, 2020 June 16, 2020
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?