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CEOWORLD magazine - Latest - Education and Career - 6 cities that could be in housing bubble, among 18 global financial centres, 2016

Education and Career

6 cities that could be in housing bubble, among 18 global financial centres, 2016

Not surprisingly, Vancouver in Canada is the world’s riskiest market for housing bubble, ranking number 1 in an index of 18 major cities facing the threat of a housing bubble after a surge in prices in the past 5 years, according to a report by Swiss bank UBS. In Vancouver, prices have risen more than 25% since the end of 2014.

Real Estate Bubble Index also named London, Stockholm, Sydney, Munich, and Hong Kong on the list. Of the 4 major global financial centres, bank said the risk of a bubble was on the rise only for London. House prices in London are at risk of falling sharply because they are grossly overvalued.

All European cities are overvalued, according to the report, apart from Milan.

The 2016 list of cities most at risk of real estate bubbles.

1. Vancouver
2. London
3. Stockholm
4. Sydney
5. Munich
6. Hong Kong

7. San Francisco
8. Amsterdam
9. Zurich
10. Paris
11. Geneva
12. Tokyo
13. Frankfurt

14. Singapore
15. Boston
16. New York
17. Milan
18. Chicago

18 cities at risk of a real-estate bubble bursting, 2016


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CEOWORLD magazine - Latest - Education and Career - 6 cities that could be in housing bubble, among 18 global financial centres, 2016
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.