Blog posts tagged by tag: Housing Market
Low interest rates and a supply shortage have turned Sweden into one of the hottest housing markets in the world. Swedish house prices have risen faster than almost any other developed country. Prices for flats in Gothenburg, Sweden’s second largest city, have doubled since 2007 and other cities are not far behind. An increasing urban population, high economic growth and accommodative monetary policy have pushed up housing prices and spurred a property boom. However, Sweden may soon become a victim of its own success, as high prices for homes begin to restrain Sweden’s growth potential.
It has been said, that aside from hockey, real estate is Canada’s national sport. But it is not all fun and games. A number of sources have claimed that the Canadian housing market, particularly in large Canadian cities, is overvalued, and has been for several years. An overvaluation implies an imbalance with a market correction down the line. Such an imbalance could have serious destabilizing effects on the Canadian economy and potentially the global economy depending upon the severity of the overvaluation and abruptness of the revaluation. While most analysts agree that an overvaluation does exist, no one seems able to agree on by how much. Estimates are varied; recent estimates from January have ranged from a modest 7% by the IMF to a whopping 60% by Deutsche Bank.
Brazil: Real loses some of its earlier gains in July https://t.co/Rv1JHeKMTE
21 hours ago
China: Bank lending jumps in June https://t.co/fEOO4vKVZY
1 day ago
France: Industrial output records best result on record in May https://t.co/8Av5lfJHbZ
1 day ago
Peru: Central Bank maintains policy rate at record low in July https://t.co/W6S8Lwum3V
3 days ago
Italy: Industrial production rebounds sharply in May https://t.co/u77iweF1q2
4 days ago
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