Availability of real estate financing improved despite uncertainty in the global markets
The main index of Catella CREDI of the Q2 2019 survey reached 53.4 surpassing the level of 43.4 reached in the CREDI survey of Q4 2018. This indicates an improved sentiment for the real estate debt market especially during the past six months. The availability of real estate financing has improved during the last six months and is expected to improve slightly during the next six months. Similar trend can be detected in the credit margins of real estate debt, which have improved during the past six months and are expected to improve eve more during the next six months.
The main index indicates that real estate investors have a slightly more positive view of the real estate debt market than the real estate debt financiers which have a more conservative view especially for the situation of the next six months. As the real estate investors believe that the real estate credit market might improve slightly during the next six months real estate debt financiers see no change from the current market situation.
Catella CREDI (Catella Real Estate Debt Indicator) is a market sentiment indicator for the real estate financing market in Finland. The CREDI consist of two indicators: an indicator reflecting the change of the real estate financing market during the past six months and a forward-looking indicator reflecting the expectations of the short term future situation of the real estate financing market. The CREDI is based on a survey study answered by real estate investors and real estate debt financiers and public market information. In the basis of the surveys answers the CREDI indices are generated with the neutral level standing at 50.
Catella CREDI, Autumn 2019 can be ordered by clients and co-operators from the following e-mail: email@example.com.
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