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Residential Property Price Developments and (Mis)alignments in Cyprus

Residential house prices in Cyprus show no signs of overvaluation in international comparison, and various indicators confirm that prices are aligned with economic fundamentals. However, still-high household debt poses a risk. Regional disparities raise some concerns about affordability, notably in...

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Bibliographic Details
Main Author: Beyer, Robert
Other Authors: Biljanovska, Nina
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2023
Series:Selected Issues Papers
Subjects:
Credit
Real Estate
Banks
Finance
Financial Crises
Industries: Financial Services
Nonagricultural And Nonresidential Real Estate Markets
Housing
Mortgages
Housing; Prices
National Accounts
International Organization
Property & Real Estate
International Institutions
International Economics
Macroeconomics
Financial Risk Management
International Agreements And Observance
Depository Institutions
Economic & Financial Crises & Disasters
International Organizations
Infrastructure
Monetary Economics
Economic Development: Urban, Rural, Regional, And Transportation Analysis
Financial Institutions
Urban, Rural, And Regional Economics: Housing Demand
International Agencies
Housing Supply And Markets
Micro Finance Institutions
Saving And Investment
Prices
Monetary Policy
Money And Monetary Policy
Housing Prices
Land Prices
Cyprus
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Residential house prices in Cyprus show no signs of overvaluation in international comparison, and various indicators confirm that prices are aligned with economic fundamentals. However, still-high household debt poses a risk. Regional disparities raise some concerns about affordability, notably in Limassol, calling for supply-side measures to increase housing supply
Physical Description:13 pages
ISBN:9798400247811

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