House Prices Overvalued by 10% in Richest Nations, Oxford Economics Says
- Last decade’s boom was one of the strongest on record
- Netherlands, Canada, France and Sweden among riskiest markets
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House prices in the richest nations may be overvalued by about 10% after a decade-long boom that’s one of the strongest since 1900, Oxford Economics says.
The British research firm identified the Netherlands, Canada, Sweden, Germany and France as the most risky property markets, basing its findings on long-term trends and price-to-rent ratios. It estimated that values across 14 advanced economies have risen 43% in 10 years.