08nov

Free sector rents up over 10% in Q3 2020

Vastgoed Management Nederland (VGM NL) and the NVM report that rents in the free sector rose 10.2% in the third quarter of 2020.

According to the quarterly report by VGM NL and NVM, the key developments in the third quarter 2020 free sector rental housing market are:

  • The average (bare) rent per square meter was €10.06 (+8.3%) for residential houses and €14.42 (+7.4%) for apartments in Q3 2020;
  • In the furnished segment, the rent is €20.57 per square meter;
  • The rent for unfurnished housing is now €17.34 per square meter;
  • The average rent - free sector - in the third quarter 2020 was €1,142;
  • Regional differences of rent remain strong.

Average rent rises to €1,142

Nationwide, the average rental price for a residential house was €1,143 and for an apartment €1,141. The average square meter price for residential houses came in at €10.06 (+8.3%) and for apartments at €14.42 (+7.4%) in the third quarter of 2020.