Showing posts with label Global Housing Watch. Show all posts
Wednesday, March 16, 2016
House Prices in Indonesia
“Property prices have been subdued, in tandem with slowing economic growth and weak business sentiment”, notes IMF’s report on Indonesia.
Posted by at 9:00 AM
Labels: Global Housing Watch
Friday, March 11, 2016
House Prices in Montenegro
“Property prices have continued to fall from their crisis peaks, in part because Russian buying has fallen”, notes the IMF’s report on Montenegro.
Posted by at 10:00 AM
Labels: Global Housing Watch
Wednesday, March 9, 2016
House Prices in Belgium
“After a long period of rapid growth, house prices have stabilized since 2013. A sharp reversal could have a significant impact on consumption, even if banks’ exposures could be managed (…). However, staff analysis does not suggest a major overvaluation, as past price trends were broadly in line with borrowing cost, demographic and income developments”, according to the IMF’s new report on Belgium.
Posted by at 10:00 AM
Labels: Global Housing Watch
Wednesday, March 2, 2016
Housing Market in Fiji
“Given still strong credit growth and rapidly rising house prices, the RBF should adopt macroprudential measures to tame the credit and housing price momentum, including through the use of loan-to-value ratios”, says IMF report on Fiji.
Posted by at 10:00 AM
Labels: Global Housing Watch
Monday, February 29, 2016
Housing Market in the United Kingdom
A separate IMF paper examines how tax reforms could help ease structural supply constraints in the UK’s housing market. “Property taxation in the UK delivers larger revenue as a percent of GDP than any other OECD country. (…) However, a closer look at the UK’s property tax system suggests that some areas could be reformed to reduce constraints on housing supply and thereby reduce risks stemming from high house prices. In particular, deducing council tax discounts [and (…)] reducing reliance on the stamp duty land tax.”
“Housing markets have decelerated somewhat since mid-2014, but significant pressures remain. (…) Persistent upward pressure on house prices partly reflects supply constraints. (…) High house prices result in some households taking on high leverage, posing financial stability risks. (…) Further macroprudential tightening may thus be needed if the reduction in high leverage mortgages does not continue”, says the IMF’s new report on the United Kingdom.
A separate IMF paper examines how tax reforms could help ease structural supply constraints in the UK’s housing market.
Posted by at 10:00 AM
Labels: Global Housing Watch
Subscribe to: Posts