Expectations for the Amsterdam Housing Market in 2024 and 2025

The Amsterdam housing market remains a challenging environment, especially for first-time buyers and young families. In 2024 and 2025, further price increases are expected, driven by a persistent housing shortage and declining mortgage rates. But what does this mean for you as a potential buyer or seller?

Price Developments in Amsterdam

In 2024, Amsterdam continues to be one of the most expensive housing markets in the Netherlands. The average selling price per square meter now stands at €8,222. Apartments have seen a remarkable 17% increase, with an average selling price of €583,000. This trend is expected to continue into 2025.

What to Expect in 2024 and 2025

Economists forecast continued price growth. According to most analyses, prices will rise by approximately 8.5% in 2024, with an additional increase of 7% to as much as 10% in 2025. This means your dream home will only become more valuable, but it also emphasizes the importance of taking action now.

Factors Influencing the Market

1. Declining Mortgage Rates
   Lower mortgage rates make it easier for more buyers to finance a home, increasing demand and driving up prices.

2. A Persistent Housing Shortage
   The current shortage of housing remains significant: an additional 400,000 homes are needed in the Netherlands. In Amsterdam, this creates intense competition for available properties.

3. Rising Incomes
   Higher wages give households more room to apply for a mortgage and outbid others, adding to the dynamics of the housing market.

Tips for Buying or Selling Successfully

• Transfer Tax Exemption
  If you are between 18 and 35 years old and buying a home worth up to €510,000, you may qualify for an exemption from transfer tax. This could give you a financial advantage.

• Invest in Sustainability
  Homes with energy-saving measures not only sell faster but are also more attractive to buyers. Consider solar panels or improved insulation.

• Prepare for Overbidding
  In Amsterdam, it is common to bid above the asking price. Be prepared to use additional personal funds, as this cannot be fully financed through a mortgage.

Why Choose KIJCK. makelaars?

At KIJCK, we understand how overwhelming the housing market can be. Our real estate agents provide personalized guidance to ensure you don’t miss any critical steps. Plus, we work with a transparent and fixed fee of €3,950, including VAT. This way, you know exactly what to expect, with no surprises down the line.

Ready to Take the Next Step?

Don’t wait too long! Schedule a consultation today and find out how we can help you achieve your housing dreams.