Showing posts with label Global Housing Watch.   Show all posts

House Prices in Slovenia

House prices “(…) appear to be dipping again,” says the new IMF report on Slovenia.

House prices “(…) appear to be dipping again,” says the new IMF report on Slovenia.

Read the full article…

Posted by at 7:35 PM

Labels: Global Housing Watch

House Prices in Uruguay

“The growth of house prices moderated in 2012,” says new IMF report on Uruguay. 

The report points out that “most of the expansion in the real estate market in recent years had been concentrated in the urban luxury segment, and according to anecdotal evidence, has received heavy foreign investment (mainly from Argentina). The vast majority of real estate transactions are done in cash (household mortgages stood at 4 percent of GDP in July 2013, broadly unchanged from levels in recent years). Tight foreign exchange restrictions in Argentina, and a new bilateral tax treaty on information exchange between Argentina and Uruguay, appear to have cooled the market, with the growth of house prices softening in 2012. Market participants pointed out that this trend continued in 2013.”

“The growth of house prices moderated in 2012,” says new IMF report on Uruguay. 

The report points out that “most of the expansion in the real estate market in recent years had been concentrated in the urban luxury segment, and according to anecdotal evidence, has received heavy foreign investment (mainly from Argentina). The vast majority of real estate transactions are done in cash (household mortgages stood at 4 percent of GDP in July 2013, broadly unchanged from levels in recent years). Read the full article…

Posted by at 10:37 PM

Labels: Global Housing Watch

House Prices in Ireland

“House prices are rising nationally, with strong growth in Dublin and increases emerging elsewhere (…),” according to the latest IMF report on Ireland.

“House prices are rising nationally, with strong growth in Dublin and increases emerging elsewhere (…),” according to the latest IMF report on Ireland.

Read the full article…

Posted by at 2:26 AM

Labels: Global Housing Watch

Stijn Claessens kicks off housing conference

The IMF, Dallas Fed, and the JMCB are holding a conference on “Housing, Stability and the Macroeconomy: International Perspectives”. The program is available here. Stijn Claessens’s presentation gives an excellent overview of the state of the housing markets and policy issues.

The IMF, Dallas Fed, and the JMCB are holding a conference on “Housing, Stability and the Macroeconomy: International Perspectives”. The program is available here. Stijn Claessens’s presentation gives an excellent overview of the state of the housing markets and policy issues.

Read the full article…

Posted by at 1:20 AM

Labels: Global Housing Watch

House Prices in Brazil

“Brazil’s house prices rose substantially over the last few years, especially in two major cities (Figure 1). The national FIPE–Zap index has increased 62 percent from August 2010 to April 2013. It rose 26 and 14 percent in 2011 and 2012 respectively, while construction costs did not rise in tandem. The prices for Sao Paulo and Rio de Janeiro have almost tripled since January 2009, and grew by 30 and 15 percent in 2011 and 2012. Brazil was one of two countries that showed the highest real house price appreciation in 2011 among 52 advanced and emerging market economies,” according to a new report from the IMF.

“Brazil’s house prices rose substantially over the last few years, especially in two major cities (Figure 1). The national FIPE–Zap index has increased 62 percent from August 2010 to April 2013. It rose 26 and 14 percent in 2011 and 2012 respectively, while construction costs did not rise in tandem. The prices for Sao Paulo and Rio de Janeiro have almost tripled since January 2009, and grew by 30 and 15 percent in 2011 and 2012.

Read the full article…

Posted by at 11:43 PM

Labels: Global Housing Watch

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