New Working Paper | The Impact of Colombia’s Gross Leverage Position in Foreign Exchange Derivatives on Housing Market Stability
April 21, 2025
Housing prices are among the most crucial determinants of a country’s financial and macroeconomic stability. As a key macroeconomic indicator, they significantly influence both consumption and investment, shaping economic and financial cycles. Given that housing represents a substantial share of household wealth, price fluctuations have far-reaching effects on consumption, savings, and labor market decisions.
