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Swiss property market inching closer to bubble, says UBS

Mr Carney: Introduced cooling measures to keep property prices in the UK from getting out of hand

[ZURICH] Risks to the Swiss real estate market rose "marginally" in the second quarter as growth in home prices and mortgages outpaced that of income. The UBS Swiss Real Estate Bubble Index in April-June rose to 1.24 points from 1.22 points, according to a UBS AG statement on Tuesday. A reading

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