House prices may rise up to 10% in two years

It is very likely house prices will rise between 5% and 10% over the next two years, according to the head of the building sector’s research institute EIB.

‘Such a price rise after such a big drop during a crisis is not unrealistic,’ Taco van Hoek says in Monday’s Financieele Dagblad.

Events in other countries show that recovery after a crisis does not come in the form of tiny advances, Van Hoek says in a new book.

Latest housing market figures show that prices are stabilising nationwide and may even be increasing in Amsterdam. Dutch house prices have fallen some 20% since the start of the crisis.

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