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Toronto skyline New to the UBS index, Toronto tops the list of global markets that face the risk of a housing bubble. (Photo: Visit Toronto)

ZURICH—More of the world’s major urban housing markets are at risk of a bubble than in 2016, UBS Wealth Management Chief Investment Office said Thursday. Topping this year’s Global Real Estate Bubble Index is Toronto, a new entrant.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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