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Uptick in bubble index points to rising risks in Switzerland property
Published Tue, Nov 4, 2014 · 09:50 PM
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Zurich
RISKS to the Swiss real estate market increased in the third quarter, their first "significant" rise since mid-2013.
The UBS Swiss Real Estate Bubble Index rose to 1.29 points in the three months through September from 1.24 points, according to a statement from UBS AG on Tuesday. A reading above two indicates a bubble.
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