15.11.2012 - Switzerland real estate bubble to burst --UBS warns
Switzerland is facing a property bubble arising from the imbalances and sharp increases in prices based on a quarter-on-quarter basis, UBS said in a recent published study. The UBS property index for the Swiss Real Estate has moved higher toward the risk zone during the third quarter. The Swiss property index has indicated that real estate prices in Davos soared 7.6%; Zug recorded a 5.1% increase; and 3.8% increase was noted in Zurich and Lausanne...............................................Full Article: Source
Print