Prices of rental properties in the free sector were 1.3 percent higher in the quarter than twelve months previously. That is considerably less than the increases in the two quarters before, when prices went up 5.3 and 6.7 percent. Rental platform Pararius reports this on Thursday.
On average, new tenants of houses in the free sector paid 17.04 euros per square metre. It is the fourth quarter in a row that rents are higher than a year earlier.
From the third quarter of 2020 to the third quarter of last year, rents fell for four consecutive periods. That was due to the pandemic, which kept many expats away. Foreign workers are an important group for the free rental sector.
Of the five major cities, Amsterdam was the most expensive last quarter. New tenants in the capital paid an average of 24.67 euros per square meter, which is considerably more than the 20.06 euros in Utrecht. In Rotterdam, The Hague and Eindhoven you pay just over 17 euros per square meter.
–
