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Vancouver, London Top List of Cities at Risk of Housing Bubble
- UBS ranks real estate of 18 financial centers globally
- Report warns of potential ‘rapid decline’ after price surge
Vancouver Tops List of Cities Facing Housing Bubble Risk
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Vancouver, London and Stockholm rank as the cities most at risk of a housing bubble after a surge in prices in the past five years, according to a UBS Group AG analysis of 18 financial centers.
Sydney, Munich and Hong Kong are also facing stretched valuations, UBS said in its 2016 Global Real Estate Bubble Index report, released Tuesday. San Francisco ranked as the most overvalued housing market in the U.S., while not yet at bubble risk.