UBS Global Real Estate Bubble Index 2020: Munich and Frankfurt are the most overvalued housing markets globally
(WorldNews Environment)

UBS Global Real Estate Bubble Index 2020: Munich and Frankfurt are the most overvalued housing markets globally Zurich30 sept. 2020, 09:00Media Releases AmericasMedia Releases EMEAResearchMedia Global UBS analyzed residential property prices in 25 major cities around the world. According to the study, five European cities as well as Toronto and Hong Kong are in bubble risk territory. Despite the current global recession, on average, inflation-adjusted house price growth in these 25 cities accelerated in the last four quarters, which we consider unsustainable. In addition, the pandemic amplifies some long-term uncertainties surrounding urban housing. Zurich, 30 September 2020 - The UBS Global...