Photographer: Chris Ratcliffe/Bloomberg

UBS Says Swiss Property Market Remains at Risk of Bubble: Chart

The UBS Swiss Real Estate Bubble Index posted its first decline in two years in the January-March period due to stagnating prices, weaker demand for investment properties and slower growth in loans. Still, that’s the second-highest reading in more than two decades. Weak income growth “prevented any significant leveling of imbalances,” UBS Group AG said.

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