Prices for single-family homes in Switzerland rise slightly
Residential homes in Altstetten, near Zurich.
Keystone / Christian Beutler
Prices for single-family homes in Switzerland reportedly increased in the second quarter of 2024, while prices for owner-occupied apartments stagnated.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
Preise für Einfamilienhäuser steigen im zweiten Quartal leicht
Original
In the second quarter of the year, prices for single-family homes rose by 0.6% compared to the previous quarter, Zurich consultancy firm Fahrländer Partner Raumentwicklung (FPRE) said on Friday.
Year-on-year, the increase was 4.7 percent. The increase was most stark in the high-end market segment (+5.5%) and least pronounced in the mid-range segment (+3.8%).
In contrast, prices for owner-occupied flats in the lower and middle segments remained more or less stable, although there was a slight dip of 2.2% in the upper market segment. Overall, year-on-year, the increase was only 1.2%.
But there were comparatively large regional differences in prices for condominiums in the mid-market segment. According to FPRE, prices rose the most around Zurich (+1.1%) and Geneva (+1.0%). A significant dip was recorded in southern Switzerland (-4.1%) and to a lesser extent the Alpine region and the Jura (-0.7% each) as well as in Basel (-0.6%).
Due to high demand and low construction activity, the authors of the study expect prices for residential property in Switzerland to continue to rise in the medium term.
Earlier this week, the “SWX IAZI Private Real Estate Price Index” came to a similar conclusion. According to this survey, the actual transaction prices paid on the market for residential property rose by 1.1% in the second quarter and by 4.5% year-on-year.
Adapted from German by DeepL/dos
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch
External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
Popular Stories
More
Workplace Switzerland
Meet the foreigners who make up a quarter of the Swiss population
What can be done to protect biodiversity in your country?
Swiss voters are set to decide on a people’s initiative calling for better protection of ecosystems in the country. Have your say on the September 22 vote.
One dead, 2 children seriously injured after car crashes into Geneva sports centre
This content was published on
An 80-year-old driver crashed into several children aged around ten on Saturday after losing control of her vehicle in Geneva, before succumbing to her injuries.
Swiss Centre Party leader says report on proposed federal budget cuts ‘one-sided’
This content was published on
Gerhard Pfister is criticising discussions launched by the Swiss government on an expert report aimed at making savings in the state budget.
This content was published on
Transplantation not only improves quality of life, but it also saves money, said Swisstransplant, particularly where kidney transplants are concerned.
Train station closures a long-term option, says Swiss Federal Railways boss
This content was published on
Vincent Ducrot has not ruled out the closure of train stations in the long term as mobility changes, he told the NZZ am Sonntag newspaper.
Liberal Green party members criticise handling of Ameti affair
This content was published on
Some Liberal Greens say the party acted too quickly after Zurich politician Sanija Ameti fired shots at an image of Jesus and Mary.
This content was published on
Switzerland has a new supercomputer named "Alps", officially inaugurated on Saturday at the National Supercomputing Centre in Lugano.
Cold front leads to record-low temperatures in Switzerland
This content was published on
Friday's cold front caused record temperatures and closed mountain passes. The snow line was between 1,200 and 1,500m on Saturday, MeteoSwiss reported.
Collecting of vote signatures to continue in Switzerland as planned
This content was published on
The Swiss government is refraining from taking drastic emergency measures following the revelation of suspected cases of fraud.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.