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Property boom coming to an end – UBS study

ZURICH, Switzerland: The global property boom is coming to an end, according to a study published on Wednesday by UBS, with Frankfurt and Toronto topping the list of imbalanced markets.

The Swiss bank's annual study of the world property market looked at prices in 25 major cities across the globe.

The Canadian National Tower is lit in red in celebration of Chinese New Year in Toronto, southern Canada on Feb. 1, 2022. XINHUA FILE PHOTO