Australian press: IMF economists to focus on risks posed by surging house prices

• The IMF is scheduled to conduct its annual Article IV consultation on the Australian economy in November
• Financial stability and the housing market are expected to be key issues analysed
• IMF economists visited in October 2012 and concluded that house prices were a point of vulnerability for Australia
• They said that the prospect of a sharp fall in the prices of homes or commercial real estate was low, but if it eventuated there would be a medium impact on the Australian economy

More at the Australian Financial Review (gated): IMF turns spotlight on Australia’s housing market

Better to cover your bases, I suppose…