When it comes to overpriced real estate, Vancouver's "bubble risk" is unmatched on the planet, according to a report bySwiss bank UBS. The report also warned that investors are less likely to see growth in property value in high "bubble risk" cities. Rather, it's meant as a cautionary signal for potential real estate investors. Last year, in its first such report, UBS rated Vancouver fourth behind London, Hong Kong and Sydney, in that order. It adds bubble risk is also high in Stockholm, Sydney, Munich and Hong Kong, while homes in Singapore, Boston, New York and Milan are fairly valued.

Source: CBC News September 27, 2016 23:37 UTC