Asking prices for owner-occupied apartments rose significantly in Switzerland last year. Inflation was less pronounced for single-family homes. +Get the most important news from Switzerland in your inbox Nationwide, prices for condominiums rose by 4.2% year-on-year. Single-family homes recorded a more moderate increase of 2.6%. This is according to the ImmoScout24 purchase index, compiled jointly with the property consultancy IAZI. It measures advertised property prices. + The impossibility of buying a house in Switzerland According to market observers, the main drivers of the trend were low mortgage interest rates and the impending abolition of the imputed rental value. This makes home ownership more attractive than renting. More older buildings At the same time, there was a noticeable increase in the supply of single-family homes, particularly due to additional older buildings, according to the report. The supply of condominiums, on the other hand, remained stable. Around two ...
