RaboResearch - Economic Research

Special

New Zealand: Two sides of the same coin

The economic effect of Omicron will be contained in Q1 before growth accelerates from Q2 onwards. However, higher prices and lower global growth, fuelled by the war in Ukraine, drag on economic growth in the second half of 2022. As such, the recovery is likely to be not as strong as it looks at face value.

Column

Niets om over naar huis te schrijven (Dutch)

"We hebben geluisterd", was de boodschap van ECB-president Lagarde toen zij aankondigde dat de ECB 'huizenprijzen' mee wil nemen in de meting van het inflatiepeil in de eurozone. Maar gaat de gemiddelde consument daar nou wel zoveel van merken?

Dutch Housing Market Quarterly Dutch version

House price growth reaches dizzying heights, while sales start to decline

While we still expect house prices to increase substantially this year, sales activities seem to reached a turning point on the Dutch housing market. Hampered by an increasing scarcity of homes in almost all regions, we have adjusted our 2018 sales forecast from 250,000 to 235,000 homes, a decline of 3% compared to 2017.

Special

How serious is China’s housing market bubble?

Housing prices in China have been rising rapidly since the beginning of 2015 and it is the question whether or not this is supported by economic fundamentals. Possible negative economic consequences might be severe, since 12% of Chinese urban inhabitants live in ‘bubble-cities’.