step three Logical systems having determining home loan financing dynamics and you can house balance layer resilience

step three Logical systems having determining home loan financing dynamics and you can house balance layer resilience

Graph step one

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Overvaluation procedures mean the level of RRE speed misalignment, and so are made use of, together with other associated signs, so you can measure the newest disadvantage risks to RRE pricing

Sources: ECB and you will ECB computations.Notes: Committee an effective) The latest overvaluation rates are derived from the average regarding a few methods: an econometric model and you will home price-to-money ratio departure of historical average. Continue reading “step three Logical systems having determining home loan financing dynamics and you can house balance layer resilience”