Construction

Dutch housing market quarterly: End of the price rally – housing market cools down
The Dutch housing market is visibly cooling down. We do not expect house prices to rise further this year, although the annual growth figure will still be 2.8%.
Research

US Outlook 2025
Trump’s victory in the presidential election and the new Republican majorities in Congress imply a major regime change in the US in 2025.
Research

Trump border policy and immigrant labor supply
In Trump’s second term, we could see mass deportations of illegal immigrants and reduced inflows, causing a negative supply shock to the US labor market.
Research
