The 3 cities in the world most at risk of a housing market crash - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The 3 cities in the world most at risk of a housing market crash

A report by UBS analyzed price growth in 25 major urban housing markets around the world from the second quarter of 2019 through the second quarter of 2020.The top 3 are Munich, Frankfurt, and Toronto.On a global scale, the housing market has shown strength during the coronavirus pandemic, despite the economic downturn. First, as home prices are a backward-looking indicator of the economy, UBS said they react with a delay to economic downturns.

The report analyzed annual house price growth rates in 25 major cities from 2001 through the second quarter of 2020. The markets in the study were Munich, Hong Kong, Zurich, Paris, Singapore, London, Geneva, Frankfurt, Stockholm, Vancouver, Milan, Toronto, Tel Aviv, Sydney, New York, Moscow, Amsterdam, Madrid, Tokyo, San Francisco, Los Angeles, Boston, Warsaw, Dubai, and Chicago.

Munich ranked number one on the UBS Global Real Estate Bubble Index, and poses the biggest bubble risk of the 25 cities included in the analysis.

 

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

Sandstorm Gold, Barrick, and Metalla Royalty companies are about to shock the world with the cash flow for the 3rd quarter. At these GOLD prices, I’m a very happy shareholder....can’t wait for earnings!!! Warren Buffett sees it (Barrick) too (giggle giggle $$$)...

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:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Inside the fight to save Rent the Runway - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Someone should report on them dropping their unlimited plan in early 2021 only to offer a limit of 16 items per month at a $30-60 increase in monthly cost at that tier vs unlimited. They say it's because customers aren't interested in unlimited and yet they limit and charge more?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock-market crash signal with 30-year record of doom flashing for big tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Rule no. 1. In Investing. Ignore the advice of so called 'experts'. Please more 'why's it so expensive' videos and less 'stock market might drop at some point in the next year, might not, if we really knew we wouldn't be writing for BI' articles
Source: BusinessInsider - 🏆 729. / 51 Read more »

White House not using CDC contact tracers after Trump COVID-19 diagnosis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Trump has earned the title of top Super Spreader by the CDC and various other fact checking organizations. Agreed and more infected people expected to expose soon.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Whitaker Studio Anywhere House modular prefab - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »