Overview
- In 2024, 7,900 homes came from conversions of non-residential buildings, 10% fewer than in 2023, accounting for about 9% of annual housing additions as new-builds totaled 69,000.
- An initial CBS estimate counts roughly 2,900 conversion homes in the first half of 2025, indicating the downturn is continuing.
- Regional patterns shifted: Rotterdam delivered nearly 12% of all conversions, while Noord-Holland fell 51% with Amsterdam dropping from 13% of the national total in 2023 to 3% in 2024.
- The source mix changed as homes from former offices rose 11% to 2,800, while those from former shops nearly halved to 1,200 and produced fewer units per retail building.
- CBS cites reduced vacancy, longer project timelines due to staffing constraints and local input, and more cautious private landlords; government funding of about €70 million through 2032 targets roughly 35,000 extra homes but has not reversed the decline.