Swiss real estate market could raise chance of SNB action

As reported by www.reuters.com:

“The Swiss housing market shows growing signs of overheating, a survey suggests, increasing the chances that the central bank (SNB) will make good on a threat to impose a capital buffer for banks.

The UBS Real Estate Bubble Index has entered its risk zone for the first time since Switzerland suffered a housing market collapse two decades ago. It rose by 0.2 points to 1.02 points in the third quarter, UBS said on Monday”. LINK