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. +Get the most important news from Switzerland in your inbox "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%). + Swiss property market shows no signs of correction On the rental front, the Swiss Real Estate Offer index compiled by the Swiss ...