Real Estate Bubble Index: slight decrease in imbalances
Zurich03 Nov 2017, 08:00 CETMedia Releases Switzerland
The UBS Swiss Real Estate Bubble Index declined somewhat in the third quarter of 2017 and is currently in the risk zone at 1.38 index points. A slight fall in prices and a lower increase in mortgage volumes than in the previous quarter reduced imbalances. The demand for buy-to-let investments saw a marginal drop, but is at a level that is not sustainable in the long term.
