Mortgage rules, lending cyclicality and the housing market

Yesterday’s data release by the Irish Banking and Payments Federation showed that lending increased dramatically in August when compared with the same period last year. This has been interpreted in some quarters as an indication that mortgage lending is growing robustly, despite the lending rules introduced by the Central Bank in early 2015. This view Read more about Mortgage rules, lending cyclicality and the housing market[…]

Central Bank Rules to Reduce Housing Supply by 5% in the next 3-4 Years

Yesterday’s special article by the ESRI entitled ‘An Empirical Assessment of the Macroprudential Measures in the Irish Housing and Credit Market’ has confirmed the adverse impact the Central Bank’s lending rules will continue to have over the coming years unless they are re-calibrated to better reflect market realities. The ESRI’s analysis shows that the impact Read more about Central Bank Rules to Reduce Housing Supply by 5% in the next 3-4 Years[…]

€43.7 billion invested in the European commercial property market in Q2 2016

  A total of €43.7 billion was invested in the European commercial property market in Q2 2016 according to the latest Knight Frank European Quarterly Commercial Outlook Report. The value of transactions in the first half of the year now stands at €81.1 billion. This represents a 25% decrease in comparison to the first half Read more about €43.7 billion invested in the European commercial property market in Q2 2016[…]