Housing prices rocket in Portugal. Is it a real estate bubble? The Bank of Portugal answers

Housing investment “grows significantly above the GDP” and “housing prices should continue increasing past the 2017 inflation”, is stated in October’s Economic Bulletin, published this Wednesday by the Bank of Portugal. Hold on! Does this mean we stand before a real estate bubble that could burst at any moment and compromise Portugal’s financial stability? For … Continue reading Housing prices rocket in Portugal. Is it a real estate bubble? The Bank of Portugal answers