France : Financial Sector Assessment Program-Technical Note on Housing Prices and Financial Stability.

This technical note examines housing prices and financial stability in France. The note highlights that sharply rising housing prices have caused concerns about mortgage credit risk and the stability of the financial system, particularly if the macroeconomic environment were to deteriorate further....

Ամբողջական նկարագրություն

Մատենագիտական մանրամասներ
Համատեղ հեղինակ: International Monetary Fund. Monetary and Capital Markets Department
Ձևաչափ: Ամսագիր
Լեզու:English
Հրապարակվել է: Washington, D.C. : International Monetary Fund, 2013.
Շարք:IMF Staff Country Reports; Country Report ; No. 2013/184
Առցանց հասանելիություն:Full text available on IMF
Նկարագրություն
Ամփոփում:This technical note examines housing prices and financial stability in France. The note highlights that sharply rising housing prices have caused concerns about mortgage credit risk and the stability of the financial system, particularly if the macroeconomic environment were to deteriorate further. France's housing market proved resilient during the crisis, declining by about 9 percent from its precrisis peak before rebounding since mid-2009 to surpass its precrisis peak. This resilience has reflected a confluence of fundamental, macroeconomic, financial, and asset allocation factors that have caused the demand for housing to remain well in excess of supply.
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Ֆիզիկական նկարագրություն:1 online resource (53 pages)
Ձևաչափ:Mode of access: Internet
ISSN:1934-7685
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