Vancouver was the world’s largest real estate bubble risk assessment of the city imjpmig

Vancouver was rated the world’s largest city real estate bubble risk U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants Stocks – 28 am Beijing time CNBC, UBS (UBS) on Tuesday released 2016 global real estate bubble index shows that Vancouver replaced London, became the city the biggest risk of global real estate bubble. The index evaluates the real estate market in some of the world’s selected cities and ranks them according to the "bubble". Vancouver’s ranking rose from fourth last year, followed by London and the Swedish capital Stockholm. Hongkong shot down from second last year to $sixth. Mainland China is not within the scope of UBS research. London, Stockholm, Sydney, Munich and Hongkong face a high risk of bubbles. Housing prices in San Francisco and Amsterdam have been offset by long-term benchmarks, which means that the housing market is grossly overvalued. Zurich, Paris, Geneva, Tokyo and valuations are also high. In contrast, Singapore, Boston, New York and Milan fair valuation, while the Chicago real estate market valuation is still below its historical level. UBS research found that since 2011, the city’s housing prices in the bubble risk areas rose by an average of nearly 50%, while other cities house prices rose only less than 15%. UBS pointed out that Vancouver’s housing prices are not affected by the financial crisis in 2008, and continued to rise after the crisis. "In the past two years, Vancouver’s property market has been out of control because of strong demand from foreign investors and loose monetary policy," he said. Currently, Vancouver’s housing prices seem to have deviated from the economic fundamentals, and has entered the bubble risk areas." Editor: Yu Jian SF069相关的主题文章: