So you think Sydney’s housing bubble is bad?

If you think Sydney’s property market is a bubble after 23.5% this calendar year, you ain’t seen nothing yet.

According to the latest UBS Global Real Estate Bubble Index, Sydney is only ‘middle of the road’ compared against the world’s global cities for housing bubble risk:

UBS Global Bubble Index

The next chart shows the change in rankings across global cities, with Sydney’s risk score nearly doubling over the past year:

UBS bubble risk index

Full report here.

Unconventional Economist
Latest posts by Unconventional Economist (see all)

Comments are hidden for Membership Subscribers only.