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Housing Finance Markets in Transition Economies

Trends and Challenges

image of Housing Finance Markets in Transition Economies

Housing finance markets in Central and Eastern European countries are typically small in scale and under-developed, though it is generally recognised that fostering housing finance markets contributes to economic development and brings social benefits to the public.  This book presents a comparative study on housing finance markets in the Central and Eastern European countries. It is based on an OECD market survey conducted in 2004 and on selected country data prepared for the OECD workshop on housing finance in transition economies held in December 2004.  It reports on the progress and challenges in housing finance markets in Croatia, the Czech Republic, Estonia, Hungary, Kazakhstan, Lithuania, Latvia, Poland, Romania, the Slovak Republic, Slovenia and Ukraine.

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Housing Finance in Slovenia

The revision of national accounts resulted in a minor change of the GDP estimate for 2002 and a first release of the 2003 figure. After the last SORS’ release of the revised annual national accounts estimate since 2000 (in September 2004), the estimate of economic growth for 2002 was 0.1 p.p. below the earlier estimate (3.3% instead of 3.4%), while estimates for 2000 and 2001 remained unchanged (3.9% and 2.7%, respectively).

English

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