Home ownership in Switzerland booms while rentals stagnate
Lake Geneva
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: Home ownership in Switzerland booms while rentals stagnate
Residential property prices in Switzerland continued their ascent last year, albeit at a slower pace towards the end of the period. Rents, on the other hand, stalled after two years of high inflation.
This content was published on
2 minutes
Keystone-SDA
Français
fr
La propriété cartonne, la location plafonne
Original
“Thanks to the sharp drop in financing costs and the very good prospects for a further fall in interest rates, demand should continue to rise at the start of the new year, and price trends should thus accelerate once again,” anticipates Fredy Hasenmaile, chief economist of the St Gallen banking cooperative Raiffeisen.
Over the past ten years, prices for both detached houses and owner-occupied apartments have risen by half. While the phenomenon was still alive and kicking nationwide in 2024, it was less pronounced in the urban hubs of Zurich (+3%) and, above all, the Lake Geneva region (+1%).
On the rental front, the Swiss Real Estate Offer index compiled by the Swiss Marketplace Group (SMG) and Cifi shows a 0.4% decrease, albeit due to a cumulative increase of more than 8% over the years 2022 and 2023.
The authors of the report also note a narrowing of the wide range of prices offered by region, with a decline in the most expensive areas such as Zurich (-3.1%) and the Lake Geneva region (-0.8%), and inflation in more affordable areas.
Translated from French by DeepL/ts
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.
Popular Stories
More
Swiss Politics
In Switzerland, New Year brings ‘burka ban’ and pension hikes
Have you heard something about Swiss diplomacy that you’d like us to fact check?
Not all information circulating about Switzerland’s foreign relations is accurate or well understood. Tell us what you'd like us to fact check or clarify.
This content was published on
Swiss households are increasingly turning away from meat. The proportion of households that consume animal products without restrictions has fallen from around 71% in 2022 to around 64%.
This content was published on
The Swiss army will once again support canton Graubünden in security measures for the World Economic Forum (WEF) in Davos.
Jay-Z paid for my whirlpool, says Swiss musician in plagiarism case
This content was published on
Swiss music pioneer Bruno Spoerri says he has rapper Jay-Z to thank for his hot tub. Jay-Z paid Spoerri CHF30,000 for sampling one of his works without permission.
Human remains found in 1957 plane wreckage in Lake Constance
This content was published on
A team of divers says it has come across human remains during an operation involving the wreckage of the Swissair DC-3 which crashed into Lake Constance in June 1957.
Swiss employers’ association proposes measures against wage dumping
This content was published on
Roland Müller, director of the Swiss Employers' Association, has put forward possible measures to prevent wage dumping in Switzerland with regard to the new EU treaties.
Swiss urged to help the climate by eating more healthily
This content was published on
The Swiss government's nutritional recommendations can make a significant contribution to achieving climate objectives, say NGOs – provided the most environmentally friendly foods are chosen.
Pfister criticises People’s Party calls for Amherd’s resignation
This content was published on
Gerhard Pfister, president of the Centre Party, has criticised the Swiss People's Party's demand for the resignation of the Centre Party's Defence Minister Viola Amherd.
EU cuts aid to Hungary, Switzerland continues to pay
This content was published on
Earlier this year, the European Commission withdrew planned EU aid to Hungary because of violations of the rule of law. Switzerland shares the EU's doubts, but continues to pay its cohesion contribution to Hungary.
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.