It expects ABN economic bureau. The economists of the Bank in a new report on the housing market more optimistic than they were last year.
They predict this year 10 percent more homes sold in 2017 and an increase of 5 percent. A quarter ago economists were still out of increases of 5 and 2.5 percent, respectively.
“Creating the low interest it more attractive to buy their own home,” said ABN economist Philip Bokeloh. ” In 2006, nearly 210,000 homes changed hands. We expect this number is approached in 2017. “
attractive
Bokeloh stressed that buying a home is now attractive because of low interest rates. Also, people who in recent years have postponed purchasing a home, now still buy a house.
“the fact that house prices rise all over, gives buyers confidence. The recovery in prices, moreover, means that there are fewer houses are ‘underwater’ and owners can move easier. “
In addition, rent increases make renting a house less attractive. As a result, now give more people prefer buying a home.
housing prices
house prices rise this year to grow by 4 per cent and next year by 3 percent. at the end of 2015, the forecasts were pluses of 3 and 2 percent.
According to the economist, the price increase will be partially inhibited because the government has tightened mortgage standards. “Buyers may borrow less based on both their income and the value of the collateral.”
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