Switzerland's real estate bubble index increased in the first quarter, a report from the UBS showed Friday.
The index rose by 0.06 index points to 1.17. The report said that though the pace of increase was weaker than in the previous quarters, the risk of a correction in the housing market has increased.
The index was in risk zone, according to UBS. The increase can be attributed to continuing price increases for residential real estate and to an increase in mortgage loans alongside stagnating household incomes and consumer prices, the report said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.