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Published 2 years ago

ECB warns a house price correction is looming as interest rates rise

Summary by Ground News

The European Central Bank is gearing up to raise its deposit rate in July for the first time in a decade. Markets expect four quarter-point rises this year, which it said could challenge the valuations of riskier assets, such as equities. House prices could fall between 0.83 and 1.17 per cent for every 0.1 percentage point increase in mortgage lending rates.

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ECB warns against price correction on housing market

2 years ago·Vienna, Austria

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ECB warns a house price correction is looming as interest rates rise

Move seen posing greater risks for low-income households

2 years ago·Dublin, Ireland

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