Housing construction on the rise

23rd August 2005, Comments 0 comments

23 August 2005, AMSTERDAM — More than 23,000 new homes were completed in the Netherlands in thefirst half of 2005.

23 August 2005

AMSTERDAM — More than 23,000 new homes were completed in the Netherlands in the
first half of 2005.

This is 11 percent more than in the first half of 2004 as the sector continues to rise from a low the year before, Dutch statistics agency Statistics Netherlands said on Tuesday.

Building permits were granted for 19 percent more dwellings in the first half of 2005 than in 2004, according to a new report by Statistics Netherlands — known as the CBS in the Netherlands.

Some 2,300 more homes were completed in the first six months of 2005  than in the
same period last year. The increase was mainly caused by the rise in homes
built by housing corporations (+ 40 percent). "Partly for this reason, the share of new homes in the rent sector rose from one in five to one in four," the report said.

Nearly 6,800 dwellings were completed in South Holland Province in the first half of 2005. This is just over 900 more homes than in the same period last year. The province accounts for 30 percent of the national production of new homes.

But production of new dwellings was lower in the first six months of 2005 than
twelve months previously in Flevoland, Groningen, North Brabant and North Holland provinces.

Permits were issued for the construction of nearly 37,000 dwellings in the first six months of this year. This is 7,000 more than in the first half of 2004.

In Utrecht Province, the number of permits for new homes doubled to nearly 3,700. In North and South Holland the number of permits fell slightly.

Some 150,000 dwellings had yet to be completed at the end of June 2005. These are new dwellings for which a building permit has been issued but which are still in progress or have not yet been started.

"One quarter of these homes have a permit dating back to more than two years ago," the statistics agency said.

[Copyright Expatica News 2005]

Subject: Dutch news

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