IMF: Home Prices Are the Main Vulnerability of the Portuguese Financial Sector
6 Articles
6 Articles
Real estate prices have risen 169% in Portugal since 2015, which compares with 55% in the euro area, highlighted Michaela Erbenova, deputy director of the Department of Monetary and Capital Markets, at a conference organized by Banco de Portugal in Lisbon.
In the context of the in-depth analysis of the bank, which was completed in June, the IMF considers that the prices of houses "appear" to be in "stacked" values but risk of short-term correction is not high.
Indebtedness of families also presents a "trend of rise"
International Monetary Fund The content House price is the main vulnerability of the Portuguese financial sector, says IMF appears first in MINHO.
The price of houses in Portugal is the main vulnerability with future implications for the financial sector, considered today the International Monetary Fund (IMF).
Real estate prices have risen 169% in Portugal since 2015. Indebtedness of families "now presents an upward trend".
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