We are waiting for a correction on the real estate market? KSF-M: The risk is low

In the last quarter, a further slowdown in the rate of housing prices as a result of lower demand, but adaptation on the supply side means that the risk of correction of prices on the real estate market is assessed as low – assessed in the communiqué the Committee of Financial Stability for Macro -Social Supervision (KSF -M).

“Analysis of current trends on the domestic housing real estate market indicates that in the last quarter there was a further slowdown in the pace of growth of housing prices in nominal and real terms as a result of lower demand. However, adaptation on the supply side means that the risk of correction of prices on the real estate market is assessed as low” – it was written in a message

“The value of housing loans increases at a moderate pace, and their quality remains very good. Further limitation of banks' margins is maintained. A decrease in the scale of the use of FWK aid funds has been reported” – he added. (PAP Biznes)

Pat/ Ana/