With the second half of 2021 already underway, there are plenty of reasons for optimism.
While Covid-19 remains a risk – due to the danger of new viral variants – the advanced vaccination programme and the phased lifting of restrictions seem to have turned the economic tide. This certainly applies to the Netherlands. The Dutch economy grew by 3.1% in the second quarter compared to the first quarter of 2021. This means that recession is at an end.
A strong economy is vital for the real estate market: the better an economy performs, the more the property market thrives. At the beginning of 2021, experts were already hopeful about the prospect of economic recovery but in the last quarter, that prospect has become a reality.
To what extent has the Dutch real estate market recovered over the last quarter and what can we expect in the second half of 2021?
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