Toronto picked as UBS’s bubbliest housing market as prices drop - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 50%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Toronto’s housing market is looking like the world’s biggest real estate bubble, with Frankfurt not far behind in a UBS Group AG study of cities with the greatest potential for home-price declines in the coming months.

Canada’s financial capital rose to the top position in the Swiss bank’s annual ranking of real estate markets most in danger of correcting. Cities from Amsterdam to Tokyo also saw their risk levels increase, according to a report released Wednesday.

“We are witnessing the global owner-occupied housing boom finally under pressure,” the bank wrote in its report. “In a majority of the highly-valued cities, significant price corrections are to be expected in the coming quarters.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

reshiftmedia hired Shambhavi Anand who knowingly broke 🇮🇳abortion law(20wks)TWICE (6 & 7mnths-A Criminal Offense)aborted 7mnths alive girl then fled 2🇨🇦 BrockUniversity GoodmanSchool 2 b 'Future Business Leader' business BloombergCA BW TrudeauMustGo

UBS really?

While Shambhavi Anand deliberately broke 🇮🇳abortion law(20wks) TWICE (6 & 7mnths-A Criminal Offense)aborted 7mnths born-alive girl then fled 2🇨🇦 BrockUniversity GoodmanSchool 2 be 'Future Business Leader' TGranicAllen samoosterhoff KofC TrudeauMustGo

JohnTory you have failed Toronto bucko.

.

Toronto's real estate market will stay hot as long as JustinTrudeau keeps the immigration doors wide open!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The stock market could bottom in 2024: David Rosenberg - BNN BloombergInvestors looking to take advantage of market lows could be waiting until 2024, according to David Rosenberg, the founder and president of Rosenberg Research. That Rosie is soo funny. Poor man version’s Jim Cramer. That’s why Buffet said even monkeys can do better than these kinds of “fund managers “ retzhbk
Source: BNNBloomberg - 🏆 83. / 50 Read more »