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Movers, who move from one owner-occupied home to another, were considerably less active last quarter. They bought a total of 23,570 homes, down 14 percent from the previous year.
This is because the housing market has become uncertain. Homes have been on the market for much longer and there is no longer huge bidding, as has often happened in recent years. Therefore, those who are ahead of the work are more careful. Those who do not have a strong desire to move will stay where they are. And those who want to move, want to sell their home before they start looking for a new place to live.
Home prices are down for the second quarter in a row
The average house price for sale was €417,000 in the last quarter. This was 1.6 percent lower than the previous quarter and the second consecutive quarter in which prices fell.
Here, too, development in the big cities differs from the rest of the country. In Amsterdam, The Hague, Rotterdam and Utrecht the average price drop was 8 percent, and in the rest of the country this was limited to 1 percent.