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Swiss UBS Real Estate Bubble Index is heading towards the risk zone

From ubs.com

The UBS Swiss Real Estate Bubble Index reached 0.95 index points in the first quarter of 2012, registering just below the risk zone. Given current trends, however, we expect the Real Estate Bubble Index to enter the risk zone in the present quarter. Saanen-Obersimmental, Unteres Baselbiet and Limmattal have joined the ranks of exposed regions. Zurich/Basel, 3 May 2012 – The quarterly UBS Swiss Real Estate Bubble Index has reached 0.95 points, an increase of 0.15 index points since the last quarter. This puts the index just outside the risk zone (greater than 1). If current trends continue, it should cross the ... (full story)

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