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22 01 2024 Depositphotos 19283803 XL

Market for newly built homes improves in Q4

After months of decline, the market for newly-built homes in the Netherlands seems to be improving, with estate agents reporting 8% more sales in the final three months of last year. And compared with 2022 Q4, sales of new build properties are up 57%, according to figures from estate agents organisation NVM.

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€26.7 million for the construction of new homes in Rotterdam

Rotterdam receives €26.7 million from the government for the construction of new homes that are at risk of stalling, due to increased interest rates and construction costs. With this financial support from the ‘Startbouwimpuls, Rotterdam can build 2,647 homes within the next two years, with 64% of them falling into the affordable housing segment.