Publications

EMF Hypostat

WHAT IS IT ?

On 5 September 2016, the EMF-ECBC published Hypostat 2016, which is its main statistical report, encompassing data on recent developments in housing and mortgage markets in the EU28 and beyond. Hypostat is the result of a collaborative effort by the European Mortgage Federation’s national delegations and external experts.

In the latest edition special focus has been given to the impact of the unprecedented migratory influx in Europe on house prices and to the energy efficiency dimension in mortgage lending. The publication covers 35 countries – i.e. the EU28 plus Australia, Iceland, Japan, Norway, Russia, Turkey and the United States.

The key figures revealed by Hypostat 2016 show the following:

HOUSE PRICES

in aggregate terms continue the positive trend of the previous year with some exceptions. The situation between and within different jurisdictions remained highly fragmented, with some markets recovering, while others continued to decline. Nonetheless, the rate of decline seems to have slowed down across the board.

HOUSING SUPPLY

in aggregate terms continue the positive trend of the previous year with some exceptions. The situation between and within different jurisdictions remained highly fragmented, with some markets recovering, while others continued to decline. Nonetheless, the rate of decline seems to have slowed down across the board.

TOTAL OUTSTANDING LENDING

surpassed EUR 7 trn for the first time, growing by 3.5% y-o-y. Also, for the first time since 2008, gross lending again surpassed the EUR 1 trn mark. This increase can be explained by both effectively augmented residential lending and the appreciation in 2015 of the British pound and Swedish krona, the currencies of the largest non-euro residential markets.

INTEREST RATES ON MORTGAGE LOANS

either continued to decrease or maintained the very low interest levels of the previous years as a reaction to the expansionary monetary policy stance of the ECB and other central banks in the EU. Nonetheless, over 2015, some timid signs of marginal rebounds have been observed in a number of countries. Please find below an overview of the structure of Hypostat 2016:

KEY THEMES

  • Housing and Mortgage Markets in 2015
  • The Impact of the migratory influx on the demographic development and the housing market in Germany
  • The energy efficient dimension in the mortgage market: an international comparative review
  • EU28 Country Reports

STATISTICAL TABLES ON THE FOLLOWING:

  • A. The Mortgage Market
  • B. The Housing Market
  • C. Funding of the Mortgage Market
  • D. Macroeconomic Indicators
  • Annex: Explanatory note on data
For past editions of Hypostat and the data Excel files, please contact the EMF Secretariat at info@hypo.org.

Download hypostat

To download the latest EMF Hypostat, please complete this form and click on “Download”. You will then receive an e-mail with the download link.