Hypostat 2015

More documents

Recommendations

Info

Disclaimer The entire content of this publication is protected by copyright. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any other form or by any means: electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the European Mortgage Federation – European Covered Bond Council. Contact details Paolo Colonna Economic Adviser E-mail: pcolonna@hypo.org Tel: +32 2 285 40 42 Luca Bertalot Secretary General E-mail: lbertalot@hypo.org Tel: +32 2 285 40 35 LIST OF CONTRIBUTORS OF DATA AND ANALYSIS AUSTRIA Wolfgang Amann Institut für Immobilien, Bauen und Wohnen Gmbh amann@iibw.at Karin Wagner Oesterreichische Nationalbank karin.wagner@oenb.at BELGIUM Frans Meel Union Professionnelle du Crédit (Febelfin) frans.meel@febelfin.be BULGARIA Maria Pavlova European Mortgage Federation – European Covered Bond Council mpavlova@hypo.org Paolo Colonna European Mortgage Federation – European Covered Bond Council pcolonna@hypo.org CROATIA Alen Stojanović University of Zagreb, Faculty of Economics and Business astojanovic@efzg.hr Branka Jurčević University of Zagreb, Faculty of Economics and Business bjurcevic@efzg.hr CYPRUS Ioannis Georgiu Bank of Cyprus yiannis.georgiou@bankofcyprus.com CZECH REPUBLIC Paolo Colonna European Mortgage Federation – European Covered Bond Council pcolonna@hypo.org DENMARK Jakob Kongsgaard Olsson Association of Danish Mortgage Banks kc@rkr.dk ESTONIA Olavi Miller Eesti Pank olavi.miller@eestipank.ee FINLAND Elina Salminen Federation of Finnish Financial Services elina.salminen@fkl.fi FRANCE Emmanuel Ducasse Crédit Foncier Immobilier emmanuel.ducasse@ creditfoncierimmobilier.fr GERMANY Thomas Hofer Verband deutscher Pfandbriefbanken (vdp) hofer@vdpresearch.de GREECE Calliope Akantziliotou Bank of Greece cakantziliotou@bankofgreece.gr HUNGARY Gyula Nagy Hungarian Mortgage Bank Federation nagy.gyula@fhb.hu IRELAND Anthony O’Brien Banking & Payments Federation Ireland anthony.obrien@bpfi.ie ITALY Marco Marino Associazione Bancaria Italiana marco.marino@abi.it LATVIA Jekaterina Selgova Latvijas Banka jekaterina.selgova@bank.lv LITHUANIA Jonas Grincius Banka Citadele grinciusjr@hotmail.com LUXEMBOURG Daniele Westig European Mortgage Federation – European Covered Bond Council dwestig@hypo.org MALTA Marie Louise Andersen European Mortgage Federation – European Covered Bond Council mlandersen@hypo.org Paolo Colonna European Mortgage Federation – European Covered Bond Council pcolonna@hypo.org NETHERLANDS Nico de Vries ING Bank nico.de.vries@ing.nl POLAND Agnieszka Nierodka Polish Mortgage Credit Foundation a.nierodka@ehipoteka.pl PORTUGAL Pedro Júdice Caixa Economica Montepio Geral pajudice@montepio.pt ROMANIA Ştefan Dina Romanian Banking Association stefan.dina@arb.ro SLOVAKIA Paolo Colonna European Mortgage Federation – European Covered Bond Council pcolonna@hypo.org SLOVENIA Andreja Cirman University of Ljubljana andreja.cirman@ef.uni-lj.si SPAIN Irene Peña Cuenca Asociación Hipotecaria Española ipcuenca@ahe.es Lorena Mullor Asociación Hipotecaria Española lorena.mullor@ahe.es SWEDEN Christian Nilsson Swedish Bankers’ Association christian.nilsson@swedishbankers.se UNITED KINGDOM Mohammad Jamei Council of Mortgage lenders mohammad.jamei@cml.org.uk ICELAND Magnus Arni Skulason Reykjavik Economics ehf magnus@reconomics.is NORWAY Torkil Wiberg Finance Norway torkil.wiberg@fno.no RUSSIA Evgenia Zhelezova Agency for Housing Mortgage Lending epzhelezova@ahml.ru TURKEY Yener Coşkun Capital Markets Board of Turkey, MRICS ycoskun@spk.gov.tr CONTRIBUTORS TO HYPOSTAT ARTICLES EDITORS Gyula Nagy Hungarian Mortgage Bank Federation nagy.gyula@fhb.hu Paolo Colonna European Mortgage Federation – European Covered Bond Council pcolonna@hypo.org Marie Louise Andersen European Mortgage Federation – European Covered Bond Council E-mail: mlandersen@hypo.org Tel: +32 2 285 40 36 Daniele Westig European Mortgage Federation – European Covered Bond Council E-mail: dwestig@hypo.org Tel: +32 2 285 40 40 Note: The views and positions expressed in this publication are of the authors alone, and should not be interpreted as necessarily being those of the institutions to which they are affiliated.
Contents Foreword........................................................................ 4 Key Facts......................................................................... 7 Housing and Mortgage Markets in 2014............................ 8 Mortgage lending in foreign currencies ......................... 17 EU 28 Country Reports..................................................... 24 Austria...................................................................... 24 Belgium.................................................................... 26 Bulgaria.................................................................... 28 Croatia..................................................................... 30 Cyprus...................................................................... 32 Czech Republic........................................................... 33 Denmark................................................................... 35 Estonia..................................................................... 37 Finland..................................................................... 39 France...................................................................... 41 Germany................................................................... 44 Greece...................................................................... 46 Hungary.................................................................... 49 Ireland...................................................................... 52 Italy......................................................................... 55 Latvia....................................................................... 57 Lithuania................................................................... 59 Luxembourg............................................................... 61 Malta....................................................................... 63 Netherlands............................................................... 65 Poland...................................................................... 67 Portugal ................................................................... 69 Romania................................................................... 71 Slovakia.................................................................... 74 Slovenia.................................................................... 76 Spain....................................................................... 78 Sweden.................................................................... 80 United Kingdom.......................................................... 82 Statistical Tables........................................................... 85 A. The Mortgage Market................................................. 85 1. Total Outstanding Residential Loans.............................. 85 2. Change in Outstanding Residential Loans........................ 86 3. Gross Residential Loans............................................. 87 4. Representative Interest Rates on New Residential Loans..... 88 5. Total Outstanding Non-Residential Mortgage Loans........... 89 6. Total Outstanding Residential Loans to GDP Ratio.............. 90 7. Total Outstanding Residential Loans to Disposable Income of Households Ratio........................................ 91 8. Total Outstanding Residential Loans per Capita................. 92 B. The Housing Market................................................... 93 9. Owner Occupation Rate............................................. 93 10. Building Permits..................................................... 94 11. Housing Starts....................................................... 95 12. Housing Completions............................................... 96 13. Real Gross Fixed Investment in Housing........................ 97 14. Total Dwelling Stock................................................ 98 15. Number of Transactions............................................ 99 16. Nominal House Prices Indices.................................... 100 17. Change in Nominal House Prices................................. 101 18. Nominal House Price to Disposable Income of Households Ratio................................................. 102 C. Funding of the Mortgage Market .................................. 103 19. Total Covered Bonds Outstanding, Backed by Mortgages.... 103 20. Total Covered Bonds Issuances, Backed by Mortgages...... 104 21. Total Outstanding Covered Bonds, Backed by Mortgages.... 105 22. Total Residential Mortgage-Backed Securities (RMBS) Outstanding.......................................................... 106 23. Total RMBS Issuances.............................................. 106 D. Macroeconomic Indicators ......................................... 107 24. GDP at Current Market Prices..................................... 107 25. Gross Disposable Income of Households....................... 108 26. Population............................................................ 109 27. Bilateral Nominal Exchange Rate with the Euro............... 110 Annex: Explanatory Note on Data .................................... 112 <strong>2015</strong> EMF HYPOSTAT | 3
Page 1: EMF Hypostat 2015 September 2015 HY
Page 5: Foreword Finally, in the spirit of
Page 8 and 9: Housing and Mortgage Markets in 201
Page 17 and 18: Mortgage Lending in Foreign Currenc
Page 24 and 25: EU 28 Country Reports Austria By Wo
Page 26 and 27: EU 28 Country Reports Belgium By Fr
Page 28 and 29: EU 28 Country Reports Bulgaria By M
Page 30 and 31: EU 28 Country Reports Croatia By Al
Page 32 and 33: EU 28 Country Reports Cyprus By Ioa
Page 34 and 35: EU 28 Country Reports Czech Republi
Page 36 and 37: EU 28 Country Reports Mortgage Fund
Page 38 and 39: EU 28 Country Reports Estonia 2013
Page 40 and 41: EU 28 Country Reports Finland Fact
Page 42 and 43: EU 28 Country Reports Mortgage Fund
Page 44 and 45: EU 28 Country Reports Germany By Th
Page 46 and 47: EU 28 Country Reports Greece By Cal
Page 48 and 49: EU 28 Country Reports Greece Fact T
Page 50 and 51: EU 28 Country Reports years will be
Page 52 and 53:
EU 28 Country Reports Ireland By An
Page 54 and 55:
EU 28 Country Reports Ireland 2013
Page 56 and 57:
EU 28 Country Reports At the end of
Page 58 and 59:
EU 28 Country Reports Latvia Fact T
Page 60 and 61:
EU 28 Country Reports Lithuania Fac
Page 62 and 63:
EU 28 Country Reports Luxembourg Fa
Page 64 and 65:
EU 28 Country Reports Malta Fact Ta
Page 66 and 67:
EU 28 Country Reports Netherlands F
Page 68 and 69:
EU 28 Country Reports Poland 2013 P
Page 70 and 71:
EU 28 Country Reports Portugal Fact
Page 72 and 73:
EU 28 Country Reports Romania 2013
Page 74 and 75:
EU 28 Country Reports Slovakia By P
Page 76 and 77:
EU 28 Country Reports Slovenia By A
Page 78 and 79:
EU 28 Country Reports Spain By Iren
Page 80 and 81:
EU 28 Country Reports Sweden By Chr
Page 82 and 83:
EU 28 Country Reports United Kingdo
Page 85 and 86:
Statistical Tables A. The Mortgage
Page 87 and 88:
Statistical Tables - The Mortgage M
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Statistical Tables - The Housing Ma
Page 95 and 96:
Page 97 and 98:
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
Statistical Tables - Funding of the
Page 105 and 106:
Statistical Tables - Funding of the
Page 107 and 108:
Statistical Tables - Macroeconomic
Page 109 and 110:
Statistical Tables - Macroeconomic
Page 112 and 113:
Annex: Explanatory Note on Data A.
Page 114:
Annex: Explanatory Note on Data Cro
show all

Hypostat 2015

Create successful ePaper yourself

Delete template?

Save as template?