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Market environment

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Key macro developments

After the challenging year 2020 and a steep decline in economic activity, the year 2021 showed strong economic recovery overall.

Market update 2021

In January, the third cabinet led by Prime Minister Mark Rutte collapsed, and Dutch parliamentary elections were held on 17 March. After a record long formation period of 299 days, a ‘Rutte-IV’ cabinet was established in December.

Market outlook 2022-2024

In November 2021, Bouwinvest published its Real Estate Market Outlook 2022-2024. In this document, you will find more detailed insight into macro trends, real estate market conditions and expectations for the years ahead.