Ranked: The most under-valued US property markets (quite surprising No.2)

Bournemouth named as the UK's most unaffordable area

The "majority of world cities are significantly overvalued" says UBS in its Global Real Estate Bubble Index, as it charts the imminent  risk of price drops in key global hubs. Introduction

Sydney will see the biggest rises in residential property prices of any prime global city this year, says Knight Frank, while Hong Kong, Singapore and Paris are all likely to see price drops.