Real Estate Bubble Index continues falling
Zurich10 Aug 2016, 08:30 CESTMedia Releases Switzerland
The UBS Swiss Real Estate Bubble Index nudged down in 2Q 2016 to 1.32 points and thus remains in the risk zone. This second drop in a row was due to house prices falling in real terms and the declining momentum of mortgage growth. Investments in real estate remain popular due to low interest rates.