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Swiss housing market heat could raise chance of Swiss National Bank action

Posted on 09 November 2012

The Swiss housing market shows growing signs of overheating, a survey suggests, increasing the chances that the central bank will make good on a threat to impose a capital buffer for banks.
The UBS real estate bubble index has entered its risk zone for the first time since Switzerland suffered a housing market collapse two decades ago. It rose by 0.2 points to 1.02 points in the third quarter, UBS said………………………………………..Full Article: Source

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