According to the UBS Global Real Estate Bubble Index, says that housing markets in major cities around the world are overheating just a few years after the global financial crisis saw a fall in home prices. UBS argues that Sydney's housing prices peaked in 2015, after a 45 per cent rise since mid-2012 due to the growing demand from foreign investors. More on this story by Spyros Papastefanou and Themi Kallos.
According to the UBS Global Real Estate Bubble Index, says that housing markets in major cities around the world are overheating just a few years after the global financial crisis saw a fall in home prices. UBS argues that Sydney's housing prices peaked in 2015, after a 45 per cent rise since mid-2012 due to the growing demand from foreign investors. More on this story by Spyros Papastefanou and Themi Kallos.
