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Chart 16: Estimated semi-elasticities of household prices and you will property investment so you can a 1 payment section increase in the mortgage speed
Sources: Eurostat, ECB and you will ECB team data.Notes: New charts inform you “smoothed” estimated semi-elasticities regarding household prices and you may houses financial support so you can a 1 percentage point increase in the borrowed funds rates, playing with linear local forecasts. The latest projections become actual GDP, the brand new HICP, a preliminary-term […]