Broker Check

Market Review: April 2023

May 23, 2023

IMF WARNS OF DISORDERLY HOUSE PRICE CORRECTIONS IN EUROPE


Recent data from Europe’s statistics office Eurostat showed house prices dropping for the first time since 2015. Across the European Union, house prices fell 1.5% in Q4 2022 compared to the previous quarter. This was the first quarterly drop since the upward trend began in 2015 meanwhile. House rentals have continued their upward trajectory during Q4 2022 (+0.6% compared with Q3 2022).

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