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.
Recent national accounts data has revealed markedly divergent fortunes for two of ASEAN’s largest economies. Singap… https://t.co/Ta1REiiaX5
10 hours ago
Italy's 2022 draft budget was recently approved, and now it will be sent to the European Commission. The reports s… https://t.co/Isn2QobjNc
14 hours ago
Japan's new PM will lead his party into general elections this week, but what does it mean for the economy? Stephen… https://t.co/3llZCcxjwd
1 day ago
In our latest survey, analysts upgraded their 2022 inflation forecasts by 0.8 percentage points compared to the pri… https://t.co/iFasFWkrQ5
1 day ago
Activity in Mexico is set to bounce back in 2021 as a strong U.S. economy aids remittances and exports, although a… https://t.co/SLA1SyPFCH
2 days ago
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