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House Prices in United Arab Emirates

“(…) residential property prices in Dubai have been increasing quickly, though the momentum appears to have slowed in recent months. Some data sources suggest that Dubai’s residential sale prices have already reached their previous peak in nominal terms. The recovery in Abu Dhabi’s residential market has started much later than in Dubai and the price level is still well below its peak, says the IMF’s new economic report on United Arab Emirates. 

Moreover, the report says “Price-income and price-rent ratios can provide some guidance on valuation in the real estate market. Dubai’s price-income ratio has been rising back to its 2008 peak, which could indicate a risk of overvaluation. Price-rent ratios also increased in Dubai and Abu Dhabi.” For a thorough analysis, see a special chapter on The Real Estate Market and Expo 2020 in the United Arab Emirates: Avoiding Bubbles and Macro-Instability.

“(…) residential property prices in Dubai have been increasing quickly, though the momentum appears to have slowed in recent months. Some data sources suggest that Dubai’s residential sale prices have already reached their previous peak in nominal terms. The recovery in Abu Dhabi’s residential market has started much later than in Dubai and the price level is still well below its peak, says the IMF’s new economic report on United Arab Emirates. 

Moreover, Read the full article…

Posted by at 12:42 AM

Labels: Global Housing Watch

House Prices in France

“(…) the gradual correction of real estate prices which is underway–real prices are 9 percent below pre-crisis peak (…),” according to the IMF’s new economic report on France.

“(…) the gradual correction of real estate prices which is underway–real prices are 9 percent below pre-crisis peak (…),” according to the IMF’s new economic report on France.

Read the full article…

Posted by at 12:22 AM

Labels: Global Housing Watch

House Prices in Colombia

“Housing prices have increased substantially in recent years. House prices have nearly doubled in real terms over the last decade and are 20 percent above the peak in 1996, driven mainly by prices in the capital and two other cities. (…) Mortgages have increased more recently but credit risks appear to be largely under control,” according to a new IMF report on Colombia. 

“Housing prices have increased substantially in recent years. House prices have nearly doubled in real terms over the last decade and are 20 percent above the peak in 1996, driven mainly by prices in the capital and two other cities. (…) Mortgages have increased more recently but credit risks appear to be largely under control,” according to a new IMF report on Colombia. 

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Posted by at 8:50 PM

Labels: Global Housing Watch

House Prices in Poland

From the IMF’s latest economic report on Poland:

From the IMF’s latest economic report on Poland:

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Posted by at 6:30 PM

Labels: Global Housing Watch

Era of Benign Neglect of House Price Booms is Over

While the recent recovery in global housing markets is a welcome development, we need to guard against another unsustainable boom. says IMF’s Deputy Managing Director Min Zhu in a blog. He also gave the opening remarks at the Bundesbank/German Research Foundation/IMF Conference that took place recently. 

While the recent recovery in global housing markets is a welcome development, we need to guard against another unsustainable boom. says IMF’s Deputy Managing Director Min Zhu in a blog. He also gave the opening remarks at the Bundesbank/German Research Foundation/IMF Conference that took place recently. 

Read the full article…

Posted by at 1:03 AM

Labels: Global Housing Watch

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