IMF paper explores sustainability of price rises in Colombia

Statistics stats graphs technology

Colombian house prices have increased by around 110% in real terms in Colombia’s three main cities – Bogota Cali and Medellin. But the prices are just 13% above the equilibrium, a recent paper finds.

Housing Finance and Real Estate Markets in Colombia, by Francisco Roch, finds prices have hit historically high levels. The housing affordability ratio, the ratio of house prices to rent, and mortgage debt have likewise reached fresh highs. “These developments generate questions about the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.