UBS Global Wealth Management’s chief investment office published the “Global Real Estate Bubble Index 2026,” analyzing residential property prices in 23 major cities worldwide, including four U.S. cities — Miami, Los Angeles, New York City and San Francisco. This year’s report finds that Zurich has the highest bubble risk, followed by Tokyo. Miami, Dubai, Seoul, Geneva and Lisbon are classified as having elevated risk.
To read the full report, click here.