Property prices up in Switzerland - down in France

Property prices rose on average by around 1.7% last year in Switzerland.

Apartments saw the strongest rise at around 2.3% - while family homes were up 1.1%.

The figures from the Federal Statistics Office are using a new method based on mortgages – as most property purchases are financed by loans.

But prices in neighbouring France are down. Last year prices fell 0.7% in Haute Savoie and 0.3% in the Pays de Gex. 

Analysts say the modest falls are on the back of strong rises over the previous five years.

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