Subdued lending in euro area housing markets
Salminen, Elina (29.04.2010)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408075185
As a result of the financial crisis and economic recession, the volumes of new housing loans have plummeted in many euro area countries. These are still more than a third less than in 2006 2007. Recently the housing market has been boosted by low interest rates, but the amount of new housing loans is still well below its peak.