European Central Bank warns of bubbles in property and financial markets

23 November 2021

In its biannual stability report on Wednesday, the euro zone’s central bank mentioned vulnerabilities in property and financial markets.
 
On property, it said risks of price corrections over the medium term have increased substantially amid rising estimates of house price overvaluations.
 
The European Central Bank warned of stretched valuations in many asset markets, as the region continues to recover from the coronavirus pandemic on the back of ultra-low interest rates and massive stimulus measures.
 
Source:  CNBC
Post by  : Republic of Turkey Ministry of Trade