Yesterday, UBS published its ‘Global Real Estate Bubble Index 2020’ report, which studies the prospects for the housing market in 25 cities around the world. Included in the list is Madrid, whose housing market is “fairly valued”, according to the index prepared by the bank.
The entity warns that despite the global recession caused by the Covid-19 pandemic, growth in house prices (adjusted for inflation) in these cities has accelerated over the last 4 quarters, a scenario that UBS considers is “unsustainable.”
Read the full article in Spanish.
