More sellers cut asking prices but overbidding is still the norm

More Dutch homeowners are lowering their asking prices when putting properties up for sale, but the temporary increase in supply is unlikely to ease pressure on the housing market, property platform Huispedia said on Tuesday.
In the second quarter of 2025, 10.4% of homes on the market had previously been listed at a higher price, up from 10% in the previous quarter, Huispedia said in its most recent analysis of housing data.
The reductions mainly affect lower-priced homes, which are in highest demand. Homes with reduced asking prices typically sell at that price, but in nearly half of these cases, buyers still paid less than the listed amount.
Across the market in general, homes sell on average for 5% above the asking price, Huispedia said.
Earlier this month estate agents’ association NVM said 21% more homes were listed in the previous quarter compared to a year earlier, largely due to a wave of former rental properties being sold off.
Landlords are leaving the market due to tax increases, new mid-market rent rules, and the ban on temporary leases.
Huispedia director Maxim Bours said this boost in listings was not a structural solution. “By the middle of next year, the effect will fade as the remaining temporary rental contracts—no longer allowed from 1 July 2024—will have expired,” he told the Telegraaf.
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