Diverging developments in euro area housing markets
Putkuri, Hanna (20.11.2012)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408074897
Diverging economic developments and funding conditions within the euro area are reflected in substantial cross-country differences in the euro area retail and housing loan markets. In the crisis countries, lending to households is contracting, house prices are falling and interest rates on new housing loans are higher than in the euro area on average.