Dutch home prices will climb 7.5% to average €520,000 next year: DNB

Dutch home prices will continue to rise next year and the year after. On average, around 520,000 euros will be needed for a new home next year, De Nederlandsche Bank (DNB) predicted. It pointed to the significant wage growth in the Netherlands, combined with falling mortgage interest rates and the continuing housing shortage. All these combined will lead to higher asking prices and even more overbidding on the housing market.