The Ministry of Finance reports that prices of new houses have fallen, while the Central Bureau of Statistics (CBS) reports that overall housing prices continue to increase. Until the trends in the real estate market become clearer, the Bank of Israel must ensure that no bubble in housing prices develops that would harm financial stability.
This conference provides a good opportunity for dialogue and sharing of experiences as it brings together a wide spectrum of financial market participants, especially risk and investment management professionals, at a time when there are critical, wide-ranging and historic changes to the financial markets landscape.