House prices rise modestly

Tuesday, 16 July 2024 06:30

Swiss house prices saw a modest increase over the past year. According to the Zurich consultancy, FPRE, the average rise was 4.7%.

It was the most expensive property that saw the strongest gains – but in the mid-range, the rise was still over 3%.

But apartment prices remained fairly flat, only registering a rise of just over 1%.

But the rises are limited to the areas of higher population, such as Zurich and Geneva.

Homes in the Alpine region and around the Jura actually fell by about half a percent.

But experts say they expect prices to continue to climb in the medium term, as there’s limited building and a strong demand.

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