04.11.2011 - Swiss property market booming in 3Q, but not in bubble - UBS
Switzerland's property market continued to boom in the third quarter, though the chance of a downward price correction remains low, according to an index measuring risk in the market. The Swiss Real Estate Bubble Index reached 0.58 in the third quarter, compared with a revised 0.45 in the previous three months, but is still well below the level of 1.0, which is considered the threshold for risk emergence in the housing market, said UBS AG, which compiled the index...............................................Full Article: Source
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