Real estate bubble index on the rise
Zurich04 Feb 2016, 08:00 CETMedia Releases Switzerland
The UBS Swiss Real Estate Bubble Index reached 1.41 index points in the fourth quarter of last year, rising from 1.34 in 3Q15. Mortgage debt growth surpassed that of income at a rate not seen since 2010. The risk potential of Davos and the Upper Engadine regions has plunged, to the point that tourism regions no longer count as risk regions. Eastern Switzerland economic regions, however, have joined the category of monitored regions.
