The Swiss real estate market has seen significant growth over the past 10 years. Since 2015, the value of a square meter of residential space in some cantons has increased by 80%. For the current year, the price increase process will continue within 3.8%, exceeding the trend for the last decade of 3.6%, analysts report.
Chronic shortage of housing. This is the main reason for the strong rate of price increase in the segment. Experts predict that growth will continue in 2025, with average prices increasing by 3.8%, exceeding the 10-year trend of 3.6%. The number of homes per capita has fallen by 40% since 2015. A record number of building permits were issued in 2023. This led to a slight increase in supply in 2024, but the situation did not change much, as most people simply cannot afford the high prices at which apartments are offered.
UBS confirms: a family with a total income of 150,000 francs per year can only buy 31% of the properties on the market.
For the period 2015-2025, the strongest growth was in houses located in the canton of Uri - 80%. It is followed by Nidwalden - 77% and Zug - 70%. In Schaffhausen and Schwyz, the increase over a decade is 62% and 59%, respectively.
For apartments, the highest price increase over the same period was recorded in the canton of Zug - 69%. This is followed by Zurich with a 50% increase and Schwyz - 49% increase.
In Zurich and Geneva, prices have long reached their maximum, which forces residents to move to more affordable cantons (Aargau, Thurgau, Vaud). In Basel, many are looking for housing in the border regions of Germany and France.
The growth trend will continue is the conclusion of analysts. Limited supply, high demand and migration waves ensure that Swiss real estate will continue to increase in price.
Detailed statistics on average property prices in Bulgaria by city and neighborhood can be found HERE