In the second quarter of this year, home buyers were able to make their way more often in the four major cities than last year. In Amsterdam, The Hague, Rotterdam and Utrecht there was an average increase of 24 percent. Among other things, the young starters often bought a home.
This is reported by data collector HDN, where almost all mortgages are registered. The figures show that nearly 140,000 mortgages were requested in the second quarter. That is 16 percent more than in the same period last year.
The increase in the big cities was therefore a lot higher. HDN does not give a reason, but it probably has to do with landlords who sell their buildings. Many of them state that new rules ensure that they can no longer rent out their homes profitably. They therefore decide to sell their buildings. This happens above average often in large cities.
Of the 140,000 mortgages, more than 85,600 were intended for the purchase of a home. The average value of those purchased houses exceeded half a million (508,700 euros). That is 5 percent higher than a year earlier. In the province of Utrecht, the average purchase price even exceeded six tons.
In addition to starters, it was also a good quarter for the so -called ‘Outlines’. These are people who already have a house and go to a more expensive home. The fact that this group flows through is good news for the housing market, says HDN director Jennifer at ‘t Hoog. “After all, every transfer makes room for starters, for example.”
In addition to an increase among buyers, there were also more requests for increasing an existing mortgage. For example, homeowners can use that money for a renovation. Such applications grew by 20 percent to 53,849 euros.
Homebuyers, particularly in The Four Major Cities, Were More Successful in the Second Quarter of this year than last year. In Amsterdam, The Hague, Rotterdam, and Utrecht, There Was An Average Increase of 24 percent. Young First-time Buyers, Among Others, Frequently Purchased a Home.
This is Reported by Data Collector HDN, Where Almost All Mortgages are registered. The Figures Show That Almost 140,000 Mortgages Were Applied For In The Second Quarter. That is 16 percent more than in the same period last year.
The Increase in the Major Cities was Therefore Much Higher. HDN does not give a reason, but it probable has to do with landlords selling their property. Many of them state that new rules ensure that they can no longer Rent out their homes profitably. They therefore decide to sell their property. This Happens More than Average in Large Cities.
Of the 140,000 Mortgages, More Than 85,600 Were Intended for the Purchase of a Home. The Average Value of Those Purchased Homes was over Half A Million (508,700 euros). That is 5 percent higher than a year earlier. In The Province of Utrecht, The Average Purchase Price Even Exceeded Six Hundred Thousand.
In addition to starters, it was also a good quarter for the so-called ‘upgrader’. These are people who already own a home and are moving to a more expensive home. The fact that this group is moving on is good news for the housing market, Says HDN director Jennifer on ‘t Hoog. “Every Mover Creates Space for, For Example, starters.”
In Addition to an increase in Buyers, there were also more applications for Increasing an existing mortgage. HomeOlners can use that money for a renovation, for example. Such applications grew by 20 percent to 53,849 euros.