Last week UBS released its real estate bubble index for the last quarter of 2015. According to the bank, the risk moved from 1.34 in Q3 2015, to finish the year at 1.41. Anything over 1.0 is considered risky and anything beyond 2.0 is bubble territory. Before property prices crashed in the 1990s, the index rose […]
UBS expects home prices to fall in Switzerland in 2016
This week the bank UBS and the consulting firm EY released their 2016 real estate reports. UBS says home prices are expected to fall for the first time in 17 years. EY is bearish on some sectors but more sanguine on home prices. UBS highlights affordability issue The main brake on home prices is affordability according to […]
Swiss real estate bubble index rises significantly
The UBS Swiss Real Estate Bubble Index rose significantly in the second quarter of 2015 and now stands at 1.37 index points. The report says that the housing market is still caught up in an investment property boom. House prices and private household mortgages went up disproportionately relative to Switzerland’s weak economy. The Index rose […]