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Iceland’s central bank chief, Asgeir Jonsson, indicated that the Atlantic nation’s housing market needs to cool before ...
Increased tourism, which accounts for about 6% of Iceland’s GDP, has meant a greater demand for workers and therefore a greater need for housing.
Iceland's parliament has approved a new tax on all housing for the next three years to fund the construction of lava barriers to protect infrastructure in the southwest of the country, an area which ...
June 28 - Overview -- We assess Ibudalanasjodur (Housing Financing Fund, HFF) as having a "very important" role as Iceland's key residential mortgage lender and an "integral" link with the government.
Read More: Iceland Ramps Up Tightening in Biggest Rate Hike Since 2008 In a bid to ease housing shortages, the government is drawing up plans for a deal with municipalities.
Unlike many other countries in the region where inflation is driven by increasing energy costs and Covid-related supply chain disturbances, housing is the main culprit in Iceland. A “great shortage” ...
0.7 percent Some fear a housing bubble in Iceland as home prices are 1.7 percent below the pre-crisis peak in March 2008, according to Bloomberg.
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