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RSS Feeds`House prices to rise through shortages and low interest rates`
(WorldNews Netherlands)

 
 

11 january 2020 00:17:14

 
`House prices to rise through shortages and low interest rates`
(WorldNews Netherlands)
 


According to ABN AMRO Group Economics, price increases for homes will slow down: having surged by 7% in 2019, prices will rise `only` 4% in 2020. ABN AMRO economist Philip Bokeloh explains, `The economy won`t offer the housing market the same amount of support this year. We predict that the GDP will grow by only 1%. Stricter rules for borrowing will also help slow down the rising prices. Although a second income now carries more weight, the amount that households can borrow based on their income has been limited.` According to Bokeloh, the shortage of available homes is...


 
21 viewsCategory: General > Europe > Netherlands
 
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