Property News · September 28, 2018

Hong Kong, world’s most overvalued housing market, greatest risk of bubble, says UBS


Hong Kong remains the world’s most overvalued housing market and is at the greatest risk of a property bubble, according to UBS Global Wealth Management on Thursday.
Besides Hong Kong, property values over the past year also soared in Munich, Toronto, Vancouver, London and Amsterdam, according to UBS’s Global Real Estate Bubble Index 2018.
Toronto and London remained at risk of a property bubble, even as their real estate prices have softened in the last year, the report said.
The…

Source : South China Morning Post
Read more…Hong Kong, world’s most overvalued housing market, greatest risk of bubble, says UBS

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