Three-way divide in the Dutch housing market
House price rises in the big cities are outpacing those in the rest of the country. City properties are also sold faster, and more often above the asking price. Bidding processes are particularly worrying in Amsterdam, where buyers are outbidding each other and taking risks by bidding unconditionally, without including mortgage or inspection contingency clauses. This is a sign of overheating, but there are as yet no strong indications of a credit-driven bubble: buyers are increasingly using their own funds to purchase their homes.