Naar een tij­de­lij­ke dip van de woning­prij­zen?

Construction and real estate activity recovered after the first COVID-19 wave starting in the summer, but the tightening of security measures may again temporarily weigh on activity in Q4. We take into account a fall in house prices in 2020 and 2021 due to the recession weighing on household income. However, the fall in prices remains limited by low interest rates, investor demand and government measures to mitigate the damage to income.