Toronto topped the ranking of cities with inflated real estate prices

Торонто возглавил рейтинг городов с завышенными ценами на недвижимость

Also in the rankings were Stockholm, Munich, Vancouver, Sydney, London, Hong Kong and Amsterdam.

Toronto, Canada topped the ranking of cities with the greatest risk of a “bubble” in the real estate market. About it there is a speech in the study of Swiss financial holding Group UBS, said Global Mansion.

Also in the rankings were Stockholm, Munich, Vancouver, Sydney, London, Hong Kong and Amsterdam. Housing prices in these cities grew on average by almost 50% with 2011 In Toronto, housing prices in 2017 increased by almost 20% compared to last year.

Seven cities – Paris, San Francisco, Los Angeles, Zurich, Frankfurt, Tokyo and Geneva – closer to the risk.

The only city whose property was undervalued, Chicago.

UBS Global Real Estate Bubble Index assesses risks based on several factors: the pace of price growth, cost ratios and profit rates and profitability, as well as lending and construction activities.

Recall that the total value of all real estate in the world is $200 trillion.

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