No real estate bubble risk in Milan; while the danger is blowing strong in Hong Kong, followed by Munich, Toronto, Vancouver, London and Amsterdam.
The markets in Stockholm, Paris, San Francisco, Frankfurt and Sydney also have strong imbalances. The prices appear high in Los Angeles, Zurich, Tokyo, Geneva and New York.
As happens in the Lombard city, property prices in Boston, Singapore appear fair, while the Chicago market is undervalued.
This is the result of the UBS Global Real Estate Bubble Index 2018 which analyzes the prices of residential properties in 20 financial centers in advanced international economies.