Synchronisation of global house prices poses new risks – IMF

hong-kong

Global house prices worldwide are showing increasing signs of “synchronisation”, which could increase the risks to financial stability, the International Monetary Fund says.

In recent years, house prices have simultaneously increased in many countries and across major cities around the world, the third chapter of the IMF’s Global Financial Stability Report says.

This could be the outcome of a co-ordinated recovery in the real economy, the report notes. However, loose financial conditions and

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