【CNBC】IMF warns of ‘disorderly’ house price corrections in Europe as interest rates move higher

• “House price declines could accelerate if markets reprice inflation risks and financial conditions tighten more than expected,” the IMF said.
• Data from Europe’s statistics office, Eurostat, showed house prices dropping for the first time since 2015.
• The European Central Bank is due to meet next week, and one of its members has recently suggested that a 50 basis point hike is not off the table.

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