paroolOct 1, 2026, 01:00

Amsterdam housing market continues to cool down

The housing market in Amsterdam is cooling faster than the rest of the Netherlands, with price growth significantly lower than the national average. Experts attribute this trend to high interest rates, affordability constraints, and a growing supply of homes for sale as landlords exit the rental market.

The housing market in Amsterdam is experiencing a significant slowdown, with second-quarter price growth reaching only 0.8 percent compared to a 4.2 percent increase nationwide. Data from the Dutch Association of Real Estate Agents suggests that local prices may even be slightly lower than last year, driven by a 27 percent increase in the number of homes for sale. This trend, often seen as a barometer for the rest of the Netherlands, reflects the limitations of affordability as lending capacities tighten.

Economists point to persistently high mortgage interest rates, slowing income growth, and a significant housing shortage as factors cooling the market. While a major price collapse is not currently expected, ABN Amro anticipates a more pronounced nationwide cooling by 2027. Government policy changes, such as adjustments to the transfer tax exemption for first-time buyers, are unlikely to alter this trajectory in the short term. The rise in available inventory is largely attributed to landlords selling properties as temporary rental contracts expire.

Economy Business Amsterdam Netherlands

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Based on reporting by parool. Translated and condensed by LocalHeadlines.

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