IMF starts a new global property index

As reported in Bloombeg, the International Monetary Fund has started publishing analysis of housing markets around the world to help ensure boom-to-bust cycles are identified and avoided before they start another financial crisis.

“While a recovery in the housing market is surely a welcome development, we need to guard against another unsustainable boom,” IMF Deputy Managing Director Zhu Min wrote in a blog post today. The fund’s Global Housing Watch will be updated quarterly.

For a more detailed read please see

https://sgbayhomes.wordpress.com/2014/06/12/imf-starts-a-property-index-in-cities-including-singapore/

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