throughout 2020 reaching record
highs in most of EU member states
aggregate house...growth rates differed substantially across countries
Source: Eurostat, FRED
...
growth in general-purpose cash loans (from 2.8% to 2.0%), while the growth in housing...accelerate (from 8.0% to 8.3%) driven by borrowing for the reconstruction of...
very slowly even as PPI inflation drops to negative in Q4 of 2022 (highlighted
green...shows the surge in PPI followed by a significant drop to negative rates in the...
Session II House Prices and Macroprudential Policies
Chairman: Ján Tóth (National...Scatigna and Agne Subelyte (Bank
for International Settlements)
DETERMINANTS OF...
ge
p
o
in
ts
Chart 3: Relationship between potential output loss and
house...: Potential output losses taken from Ball (2014) and National Bank of Croatia,...
