A new report rates the real estate bubble risk of the world's economic powerhouses.
UBS has released its "Global Real Estate Bubble Index," which tracks "the risk of housing bubbles in global financial centers."
Topping the Index this year is Toronto, but Vancouver isn't far behind. Among U.S. cities, San Francisco has the most bubble risk, but it's still low compared to cities like Munich, Stockholm, London, and Sydney.
Here's how a post introducing the index explains global trends in the real estate market:
According to the UBS Global Real Estate Bubble Index, the bubble risk in select world cities has increased significantly over the last five years. Real house prices of those metropolises within the bubble-risk zone have climbed by almost 50% on average since 2011. In the other financial centers we looked at, prices have risen by roughly 15%. This gap is grossly out of proportion to the differences in local economic growth and inflation rates.
FULL STORY: UBS Global Real Estate Bubble Index
Price Cuts Spread to More of the U.S. Housing Market
The insanity of the housing market during the pandemic seems to have peaked in an increasing number of U.S. cities, according to recent data.
The Consequences of 'Runaway' Housing Prices
There's been no shortage of discussion and debate about what's causing the price of homes in the United States to skyrocket at record rates, but less discussion of the consequences for housing market trends on the broader economy.
U.S. Housing Prices Continue Record-Breaking Pace
July marked four straight months of record-breaking increases for housing prices nationwide, according to the latest housing market data.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
Opinion: California’s SB 79 Would Improve Housing Affordability and Transit Access
A proposed bill would legalize transit-oriented development statewide.
Record Temperatures Prompt Push for Environmental Justice Bills
Nevada legislators are proposing laws that would mandate heat mitigation measures to protect residents from the impacts of extreme heat.
Downtown Pittsburgh Set to Gain 1,300 New Housing Units
Pittsburgh’s office buildings, many of which date back to the early 20th century, are prime candidates for conversion to housing.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Clanton & Associates, Inc.
Jessamine County Fiscal Court
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service