The housing market is constantly changing. What will be the direction of house prices and how will interest rates behave? Read the latest insights on the housing market in our own housing market monitor.
25 october 2023
Despite poor sentiment in the housing market, prices appear to be rising again after a decline. On balance, prices are still 4,3% lower than the July 2022 peak, but the price index has risen slightly over the past 4 months. Furthermore, we see that homes with a lower energy label experienced a larger price decline and are now also rising less than higher labels.
“We expect mortgage interest rates with a shorter fixed-rate period to first stabilise and then go down early next year. As soon as inflation rates shows clearer signs of easing, interest rates for mortgages with a longer fixed-rate period can go down further,” explains Bram Vendel, economist at ABN AMRO.
If you’re looking for a mortgage with a competitive interest rate, be sure to have a look at our interest offering. Your mortgage interest rate depends on which mortgage product you choose, whether you opt for a fixed or variable interest rate and which fixed-rate period you choose.
