Miami, Florida.Alexander Demyanenko/ShutterstockUBS's 2024 Global Real-Estate Bubble Index shows a decline in bubble risks over the last 12 months.Only six cities are now at elevated or high risk, down from 16 last year.Miami and Los Angeles are the two US cities most at risk of a housing bubble, the report said.UBS released its 2024 Global Real-Estate Bubble Index report last week, and it showed bubble risks have generally declined over the last 12 months.While 16 cities worldwide were considered to be at elevated or high risk of a real-estate bubble last year, just six cities fit that description today, the report said.
6 Global Cities Most At Risk Of Being In A Real-estate Bubble, According To Ubs
wedwards@businessinsider.com (William Edwards), Business Insider
Sun, 09/29/2024 - 3:33am
Topics: claudio saputelli matthias holzhey frankfurt munich stockholm hong kong paris geneva switzerlanditu pictures/flickrubs toronto artem zavarzin/shutterstockubs californiaaerial san gabriel carl larson photographyubs zurich switzerlandflickr creative commons pedro szekelyubs tokyo japanprisma dukas/uig getty imagesubs miami business insider florida ubs alexander demyanenko/shutterstockubs global real-estate bubble index los angeles canada cities most at risk score level considered ratios high prices report elevated home elevated2023 high2023 year housing risks
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