Europe

Central bank governor warns that home prices may fall

As reported by the national media Soaring property values, Central Bank Governor Mario Centeno has issued a warning about the risk of financial stability. “At the end of the four-month war in Ukraine, and when inflation reached its highest levels in decades, the World Bank has increased its tone of warning about the risks to financial stability,” Público wrote. “One of the major risks is the possibility of a” significant price adjustment in the residential real estate market. ” Centeno warns that if that happens, it “may directly affect the bank’s balance.”

https://www.portugalresident.com/central-bank-governor-warns-house-prices-could-fall/?utm_source=rss&utm_medium=rss&utm_campaign=central-bank-governor-warns-house-prices-could-fall Central bank governor warns that home prices may fall

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