Real Estate Bubbles: Vancouver, London, Stockholm, Sydney, Munich, and Hong Kong Top List

Jon Market Commentary, Real Estate

Real Estate Bubbles: The Six Cities at Risk of Bursting by Jeff Desjardins, Visual Capitalist
What do Vancouver, London, Stockholm, Sydney, Munich, and Hong Kong all have in common?
See US Housing Recovery Continues, Though Headwinds Remain
According to economists at UBS Wealth Management, these six cities all have the notorious designation of being the real estate markets furthest into ‘bubble’ territory:

Real Estate Bubbles
The major Swiss bank recently published the results of their 2016 Real Estate Bubble Index. The report found that since 2011, the six cities in ‘bubble’ territory have seen housing prices soar at least 50% on average. Meanwhile, in other comparable markets, the average increase in prices was less than 15% over the same timeframe.

This post was published at FinancialSense on 09/29/2016.