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German watchdog Bafin warns of real estate market stability

Economy47 minutes ago (Feb 08, 2022 13:35)

© Reuters. FILE PHOTO: The logo of Germany’s Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside one of its offices in Bonn, Germany, April 15, 2019. REUTERS/Wolfgang Rattay

FRANKFURT (Reuters) – The president of Germany’s financial watchdog BaFin, Mark Branson, on Tuesday warned about the stability of real-estate markets following a long period of ultra-low interet rates.

Cheap borrowing has fuelled assets prices, ranging from stocks to cryptocurrencies, Branson said at an online conference.

Real estate markets are “front and center” of BaFin’s stability concerns, Branson said.

German watchdog Bafin warns of real estate market stability

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