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house prices

Global Housing Boom to Bust

How monetary tightening is calling a halt to the record surge in global house prices – and what that means for the economic and policy outlook

We warned early in this tightening cycle that over-heated housing markets would be a key vulnerability as global interest rates rose from historic levels. As inflation has proven more persistent, rates have been rising at a more aggressive pace and housing booms have begun to turn to busts. In this special collection from across our global coverage, we’ve highlighted key research to help you understand the global and country-level macroeconomic risks around falling house prices, showing how they will affect economic activity and how policymakers are likely to respond.

Nothing like the Global Financial Crisis

More conservative lending in US commercial real estate means the risk of a credit-driven bust this time is low  

Read the report

US Real Estate Crisis

Regional and country-level insight

Latest from our Property Economics team