Condominiums become more expensive in the first half of the year

Residential property prices in Switzerland showed varied trends in the first half of 2024. While the cost of condominiums rose compared to the end of 2023, single-family homes became more affordable over the same period. According to a report from mortgage broker Moneypark and Zurich-based real estate data startup Pricehubble, condominium prices increased by an average of 0.5% across Switzerland in the first half of the year. Conversely, prices for single-family homes dropped by 2.2%. +Sign up to get the most important news from Switzerland directly in your inbox However, when compared to a year ago, prices for both categories saw a 1.9% increase. Regionally, the decline in prices for detached houses was more pronounced in French-speaking Switzerland (-4.0%) than in German-speaking Switzerland (-1.3%). Owner-occupied apartment prices rose in German-speaking Switzerland (+0.6%) but became slightly more affordable in French-speaking Switzerland (-0.2%). +‘Myth’ of spiking Swiss rents ...