Do interest rate hikes have little effect on house prices in Portugal? – BdP Podcast

We know that monetary policy has an impact on the real estate market, but perhaps not in the way we imagine. In Portugal, the effect is felt in the number of transactions, but much less so in prices. A study by Paulo Rodrigues and Afonso Souto de Moura, published in the latest Economic Bulletin, explains what reasons may be behind this difference and what lessons we can draw for public policies.

The BdP Podcast highlights the activities carried out by Banco de Portugal and addresses topics that may be useful in citizens’ daily lives, whether tips for using financial and payment services or information about services available to individuals and companies.

The BdP Podcast is available on the Banco de Portugal website and on the Apple Podcasts, Spotify and Google Podcasts platforms.