Gaps in real estate data could threaten financial stability – Buch
Bundesbank vice-president highlights importance of monitoring credit conditions in tandem with house prices
The vice-president of Deutsche Bundesbank has said it will be crucial to close data gaps with regard to real estate markets in order to maintain financial stability in the long run.
Speaking at the fifteenth meeting of the Ottawa Group on May 10, Claudia Buch said there was an “urgent need” for progress in measuring real estate prices.
“Changes in prices need to be compared to changes in fundamentals such as income expectations, demographics and the macroeconomic environment,” she said.
Buch
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