ABN AMRO agrees: House prices in the Netherlands will fall next year

By Victoria Séveno

Just a few weeks ago, Rabobank forecast that Dutch house prices would fall slightly in 2023. Recently, figures from another Dutch bank seconded this prediction, with ABN AMRO writing that the cost of buying a house in the Netherlands will fall by 2,5 percent in the new year. 

Another Dutch bank predicts house prices will fall in 2023

House prices in the Netherlands have been steadily rising for years, but recent changes and threats to the market - such as the rising cost of energy, high rate of inflation, and rising interest rates on mortgages - are leading to what many expect will be a turning point for the Dutch housing market

Figures from real estate association NVM and the Dutch statistics office, as well as forecasts over at Rabobank, have already given prospective buyers a little hope about the future. Now, ABN AMRO has joined in, revising their earlier prediction that house prices would rise to say that they will in fact fall by 2,5 percent - slightly lower than the 3 percent forecast by Rabobank. 

Is the Dutch housing bubble about to burst?

ABN AMRO attributes this significant change in outlook to a range of factors, including the rising cost of living and the less-than-positive economic forecasts for the coming year. “The number of homes sold has been declining for some time,” the economists write. “Previously this was mainly due to the lack of houses for sale. In the meantime, the supply is increasing, but it is higher energy and food prices and rising mortgage interest rates that are causing fewer houses to be sold.”

Never miss a thing!Sign up for our weekly newsletters with important news stories, expat events and special offers.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy
follow us for regular updates:

Victoria Séveno
Victoria grew up in Amsterdam, before moving to the UK to study English and Related Literature at the University of York and completing her NCTJ course at the Press Association in London. She has a love for all things movies, animals, and food. Read more

For expats of all colours, shapes and sizes

Never miss a thing!Sign up for expat events, news & offers, delivered once a week.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy

© 2025 IamExpat Media B.V.