IMF Working Papers

Real Estate Market Developments and Financal Sector Soundness

By Paul Louis Ceriel Hilbers, Lisbeth S Zacho, Qin Lei

September 1, 2001

Download PDF

Preview Citation

Format: Chicago

Paul Louis Ceriel Hilbers, Lisbeth S Zacho, and Qin Lei. Real Estate Market Developments and Financal Sector Soundness, (USA: International Monetary Fund, 2001) accessed November 8, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper analyses the characteristics and functioning of real estate markets. It focuses on the relationship between developments in these markets and the financial sector to determine under what circumstances real estate booms and busts can develop and how they can affect the health and stability of the financial system. It concludes that unbalanced real estate price developments often contribute to financial sector distress and that trends in real estate markets should be monitored closely in the context of financial sector assessments.

Subject: Banking, Commercial banks, Credit, Economic sectors, Financial institutions, Financial sector, Land prices, Money, Prices, Real estate prices

Keywords: Asia and Pacific, Commercial banks, Credit, Determination process, Financial crises, Financial sector, Land prices, Price development, Price fall, Prices fall, Property price, Real estate, Real estate prices, Stock price, WP

Publication Details

  • Pages:

    34

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2001/129

  • Stock No:

    WPIEA1292001

  • ISBN:

    9781451855111

  • ISSN:

    1018-5941

You May Also Be Interested In...

Lao People's Democratic Republic: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lao People's Democratic Republic

November 8, 2024

Colombia: Technical Assistance Report-Report of the Diagnostic Mission on Macro-relevant Climate Change Statistics (July 17–21, 2023)

November 8, 2024

Vietnam: Technical Assistance Report-Report on Residential Property Price Index Mission (April 22-26, 2024)

November 8, 2024

South Africa: Technical Assistance Report-Report on the Compilation of Energy and Air Emissions Accounts Mission (June 10-14, 2024)

November 8, 2024