AI is turning the home appraisal world upside down
The emergence of artificial intelligence (AI) and the previously amended guideline from the European Banking Authority (EBA) for home appraisals is causing a major disruption in the home appraisal world. We predict that 80% of all home appraisals will be done via an...
Dutch real estate market is shifting towards a buyer’s market with underbidding as new norm
Amsterdam, 11 May 2023 – The latest quarterly figures show that the housing market has entered a new phase. Sales prices continue to fall, and homes are on the market for longer and perhaps most striking: massive overbidding is a thing of the past. Instead,...
Data-driven insights for residential portfolios
The imminent introduction of the new Dutch housing valuation system (WWS) is a major concern. On 27 February 2023, the Affordable Rent Act entered internet consultation. This bill aims at regulating the mid-rent segment and making the WWS mandatory. The introduction...
Dutch housing market continues to cool down: falling prices and more serenity for homebuyers
According to the latest quarterly figures, the housing market is continuing to cool down. Our research reveals a decline in sale prices, a growth in the number of homes for sale, and a reduction in bidding wars. Furthermore, the average selling time has risen, which...