Despite the higher interest rates and the predicted fall in house prices of more than 8%, the demand for houses is as high as ever. House prices are expected to increase in the following two years (1.2% in 2024 and 1.9% in 2025). Interest rates have peaked (to 5% on a fixed-rate loan) and then even decreased to near 4% on fixed-rate loans.
- The interest rates are expected to decrease moving forward, with a significant drop in 2025.