Carney concerned by commercial property market

CFM (UK) Ltd. News Update: Bank of England governor Mark Carney has warned that a sharp increase in commercial property values should be monitored more closely in case it poses a threat to financial stability. Mr Carney, speaking in his capacity as the vice-chair of the European Systemic Risk Board, told the European Parliament that commercial real estate valuations had moved "quite notably in a number of jurisdictions".

Posted on December 11th 2015

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