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UBS Report: No Housing Bubble Threat in 2023

11/20/2025

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Summary

Story summary

A UBS report finds that fears of a housing market bubble resembling 2007 are largely unfounded.
The analysis shows that overall prices stayed stable in 21 global markets.
Key indicators such as prices relative to incomes and lending practices show no significant warning signs.
San Francisco and New York cool due to demand from high-earning workers while remaining resilient.

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Story summary

A UBS report finds that fears of a housing market bubble resembling 2007 are largely unfounded.
The analysis shows that overall prices stayed stable in 21 global markets.
Key indicators such as prices relative to incomes and lending practices show no significant warning signs.
San Francisco and New York cool due to demand from high-earning workers while remaining resilient.