In Brief:
- Demand on the Icelandic real estate market has been fueld by a vibrant local economy, a growing population, increasing salaries, a robust stock market and a delayed rise in indexed lending rates.
- The greater supply of housing has apparently absorbed the high demand not to trigger as sharp price increases as witnessed in the housing boom of 2004-2005.
- However, Kaupthing Research forecasts the market cooling down in 2008 parallel to an economic downturn, and a strong supply at the same time as interest rates are kept high.
| Kaupthing Research | Location | Number | |
|---|---|---|---|
| Ásdís Kristjánsdóttir | Iceland | +354 444 6968 | asdis.kristjansdottir@kaupthing.com |
| Ásgeir Jónsson | Iceland | +354 444 6597 | asgeir.jonsson@kaupthing.com |
| Þorbjörn Atli Sveinsson | Iceland | +354 444 6964 | thorbjorn.sveinsson@kaupthing.com |
| Þórhallur Ásbjörnsson | Iceland | +354 444 6967 | thorhallur.asbjornsson@kaupthing.com |
| Fixed Income Sales | Location | Number | |
|---|---|---|---|
| Agnar Möller | Iceland | +354 444 7316 | agnar.moller@kaupthing.com |
| Gísli Hauksson | Iceland | +354 444 7315 | gisli.hauksson@kaupthing.com |
| FX and Derivatives | Location | Number | |
|---|---|---|---|
| Bjarki Rafn Eiríksson | Iceland | +354 444 7111 | bjarki.eiriksson@kaupthing.com |
| Grétar Elías Finnsson | Iceland | +354 444 7127 | gretar.finnsson@kaupthing.com |
| FX Spot | Location | Number | |
|---|---|---|---|
| Björn Hákonarson | Iceland | +354 444 7135 | bjorn.hakonarson@kaupthing.com |
| Equity Sales | Location | Number | |
|---|---|---|---|
| Björn H. Gunnarsson | Iceland | +354 444 7324 | bjorn.gunnarsson@kaupthing.com |
| Jón Gunnar Sæmundsen | Iceland | +354 444 7327 | jon.saemundsen@kaupthing.com |