Global City Bubble Index: Zurich, Tokyo, And European Metros Rank Highest In Risk.

Global City Bubble Index: Zurich, Tokyo, and European Metros Rank Highest in Risk

• The Story: The annual UBS Global Real Estate Bubble Index placed Zurich at the top of its global housing risk spectrum, followed closely by high-density urban hubs such as Tokyo, Lisbon, and Madrid. Persistent construction delays and tight supply pushed real home prices in several European cities well ahead of income growth. Economist analyses highlight that elevated central bank financing costs are projected to constrain further sharp price run-ups across major metropolitan markets heading into late 2026.

• Source:

• Quartz (QZ) — UBS Global Housing Bubble Risk Report