Commercial Real Estate Prices for United Kingdom (COMREPGBQ159N)

Source: International Monetary Fund  

Release: Financial Soundness Indicators  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Quarterly

Notes:

This series covers commercial real estate price indices. Currently, there is limited international experience in constructing representative real estate price indices as real estate markets are heterogeneous, both within and across countries, and illiquid. A rapid increase in real estate prices, followed by a sharp economic downturn, can have a detrimental effect on financial sector soundness by affecting credit quality and the value of collateral.

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