31.05.2011 - Swiss real estate index shows boom, not bubble
Switzerland's residential real estate market is in a boom phase and not a bubble, the UBS Swiss Real Estate Bubble Index showed on Monday. In the first quarter of 2011, the index, launched by UBS Wealth Management Research Switzerland, was at 0.63. The market is considered risky when the index goes above a value of 1. The index reached its peak in the early 1990s at a level of 2.5 at the height of the last Swiss real estate bubble, UBS said..............................................Full Article: Source
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