Housing Affordability Remains Stretched Amid Higher Interest Rate Environment – Analysis
As global central banks raised interest rates to tame inflation, home prices have cooled relative to the start of the hiking cycle.
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Author: Corrado Macchiarelli
Corrado Macchiarelli is an Economist (Mid-Career Program) in the Money and Capital Markets Department of the International Monetary Fund. Previously, he held full-time posts at the National Institute of Economic and Social Research, Brunel University London, the European Central Bank, as well as he consulted for the European Central Bank, the Swedish Riksbank, the European Parliament and the European Commission.
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