Temporary braking effect on the Swiss real estate market
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: Swiss property prices cooled at the end of 2024
Home prices in Switzerland rose only minimally in the fourth quarter of 2024. Over the year as a whole, however, home ownership has become more expensive.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
Temporärer Bremseffekt am Schweizer Immobilienmarkt
Original
In the last quarter of 2024, prices for condominiums rose by 0.5%, while prices for single-family homes fell by 0.2%, according to the transaction price indices calculated by real estate monitors IAZI and published on Thursday. Overall, this results in a minimal increase in value of 0.1%, according to the press release.
Despite this near standstill, residential property prices are expected to grow by 2.7% in 2024 as a whole. This increase is roughly in line with the long-term average.
Market upswing expected
Meanwhile, there has been a slight decline in investment properties. According to the press release, prices for direct real estate investments such as apartment buildings fell by 0.3% in the fourth quarter of 2024 compared to the previous quarter. Over 2024 as a whole, however, they rose moderately by 1.1%.
More
More
Home ownership in Switzerland booms while rentals stagnate
This content was published on
Residential property prices in Switzerland continued their ascent last year, albeit at a slower pace towards the end of the period.
According to the IAZI, however, the stagnation in prices is likely to be only temporary. The consultancy assumes that the favorable conditions, in particular falling interest rates, will drive demand for residential space both for rent and for purchase again in 2025.
IAZI only uses data on actual changes of ownership on the open market as the basis for calculating the index. The anonymised transaction data comes from banks, insurance companies and pension funds.
Translated from German by DeepL/mga
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, and if you have feedback on this news story please write to english@swissinfo.ch.
What factors should be taken into account when inheriting Swiss citizenship abroad?
Should there be a limit to the passing on of Swiss citizenship? Or is the current practice too strict and it should still be possible to register after the age of 25?
Is your place of origin, your Heimatort, important to you?
Every Swiss citizen has a Heimatort, a place of origin, but many have never visited theirs. What’s your relationship with your Heimatort? What does it mean to you?
Over a quarter of Swiss Catholics consider leaving the church
This content was published on
In Switzerland 27% of Catholics have thought about leaving the church, according to a survey by the Sotomo research centre.
This content was published on
Following the Credit Suisse debacle, the Swiss Financial Market Supervisory Authority (FINMA) is adapting its organisation.
This content was published on
The Swiss Armed Forces are training their fighter jets in Bern to fly from a civilian base. The exercise at Bern Airport will last until Wednesday.
Plans materialise for new particle accelerator in Geneva
This content was published on
Preparations for a huge new particle accelerator in Geneva have reached a milestone. After several years of work, a feasibility study for the project has now been finalised.
This content was published on
The value of frozen Russian assets in Switzerland currently stands at CHF7.4 billion ($8.4 billion), the Swiss government announced on Tuesday.
This content was published on
The number of business start-ups in Switzerland accelerated in the first three months of the year, with entrepreneurs being particularly dynamic in Central Switzerland, Basel and Geneva.
Most Swiss authorities want to ban Nazi symbols in public
This content was published on
A majority of Swiss political parties, cantons and associations want to ban the use and distribution of Nazi symbols in public.
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.