Key information about House Prices Growth

• Switzerland house prices grew 0.9% YoY in Dec 2024, following an increase of 1.9% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1971 to Dec 2024, with an average growth rate of 2.4%.
• House price data reached an all-time high of 26.2% in Mar 1973 and a record low of -9.0% in Dec 1975.

House prices in Switzerland continued their rise in 2020, having experienced decreases only in late 2016 and early 2017 in the last decade. Based on the average transaction fees of both houses and apartments across three separate providers, house prices grew by by over ***** percent year-on-year in the second quarter of 2020 (over **** percent y-o-y when adjusted for inflation). Before this, growth did slow down a bit due to stricter bank lending criteria in the country.

Housing Index in Switzerland increased to 198.18 points in the first quarter of 2025 from 195.13 points in the fourth quarter of 2024. This dataset provides - Switzerland House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Geneva was the most expensive Swiss city to buy an apartment in, with average values of approximately ****** euros per square meter in the first quarter of 2024. The price of an apartment in Bern was significantly lower, with values of approximately ****** euros per square meter.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Switzerland Real Estate Price Index: Zurich: Rental Apartment data was reported at 443.445 1970=100 in 2016. This records a decrease from the previous number of 454.596 1970=100 for 2015. Switzerland Real Estate Price Index: Zurich: Rental Apartment data is updated yearly, averaging 321.205 1970=100 from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 502.649 1970=100 in 1991 and a record low of 100.000 1970=100 in 1970. Switzerland Real Estate Price Index: Zurich: Rental Apartment data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.EB002: Real Estate Price Index: By Region: Residential: Annual. Rebased from 1970=100 to 2000=100 Replacement series ID: 388330577

In 2023, the average rent in Switzerland was approximately ** Swiss franks per square meter. This was an increase since the same quarter in 2022, when renters paid ***** Swiss franks per square meter.

In 2023, the average rent in Swiss cities ranged between ** Swiss franks per square meter and ** Swiss franks per square meter. In the fourth quarter of 2023, Zurich had the highest rent, at **** Swiss franks per square meter. In 2023, Switzerland was the country with the highest share of population living in rented housing in Europe.

House price index in Switzerland, March, 2025 The most recent value is 164.7 index points as of Q1 2025, an increase compared to the previous value of 163.52 index points. Historically, the average for Switzerland from Q1 1990 to Q1 2025 is 100.28 index points. The minimum of 69.55 index points was recorded in Q4 2000, while the maximum of 164.7 index points was reached in Q1 2025. | TheGlobalEconomy.com

Geneva stands out as Europe's most expensive city for apartment purchases in early 2025, with prices reaching a staggering 15,720 euros per square meter. This Swiss city's real estate market dwarfs even high-cost locations like Zurich and London, highlighting the extreme disparities in housing affordability across the continent. The stark contrast between Geneva and more affordable cities like Nantes, France, where the price was 3,700 euros per square meter, underscores the complex factors influencing urban property markets in Europe. Rental market dynamics and affordability challenges While purchase prices vary widely, rental markets across Europe also show significant differences. London maintained its position as the continent's priciest city for apartment rentals in 2023, with the average monthly costs for a rental apartment amounting to 36.1 euros per square meter. This figure is double the rent in Lisbon, Portugal or Madrid, Spain, and substantially higher than in other major capitals like Paris and Berlin. The disparity in rental costs reflects broader economic trends, housing policies, and the intricate balance of supply and demand in urban centers. Economic factors influencing housing costs The European housing market is influenced by various economic factors, including inflation and energy costs. As of April 2025, the European Union's inflation rate stood at 2.4 percent, with significant variations among member states. Romania experienced the highest inflation at 4.9 percent, while France and Cyprus maintained lower rates. These economic pressures, coupled with rising energy costs, contribute to the overall cost of living and housing affordability across Europe. The volatility in electricity prices, particularly in countries like Italy where rates are projected to reach 153.83 euros per megawatt hour by February 2025, further impacts housing-related expenses for both homeowners and renters.

Real residential property prices Y-on-Y, percent change in Switzerland, March, 2025 The most recent value is 3.76 percent as of Q1 2025, an increase compared to the previous value of 1.7 percent. Historically, the average for Switzerland from Q1 1990 to Q1 2025 is 1.36 percent. The minimum of -8.82 percent was recorded in Q3 1992, while the maximum of 8.65 percent was reached in Q4 2006. | TheGlobalEconomy.com

In 2023, the average rent for apartments and houses in Switzerland peaked at ** Swiss francs per square meter. That was an increase from ***** Swiss francs per square meter in 2022 and the largest rise since 2017. In 2023, Zurich and Geneva were the Swiss cities with the highest rents.

In 2023, the average rent for apartments with one to *** rooms in Switzerland amounted to 1,000 Swiss francs. Renting an apartment with **** to *** rooms cost more than double, at ***** Swiss francs. In 2023, Zurich and Geneva were the Swiss cities with the highest rents.

Amsterdam is set to maintain its position as Europe's most expensive city for apartment rentals in 2025, with median costs reaching 2,500 euros per month for a furnished one-bedroom unit. This figure is double the rent in Prague and significantly higher than other major European capitals like Paris, Berlin, and Madrid. The stark difference in rental costs across European cities reflects broader economic trends, housing policies, and the complex interplay between supply and demand in urban centers. Factors driving rental costs across Europe The disparity in rental prices across European cities can be attributed to various factors. In countries like Switzerland, Germany, and Austria, a higher proportion of the population lives in rental housing. This trend contributes to increased demand and potentially higher living costs in these nations. Conversely, many Eastern and Southern European countries have homeownership rates exceeding 90 percent, which may help keep rental prices lower in those regions. Housing affordability and market dynamics The relationship between housing prices and rental rates varies significantly across Europe. As of 2024, countries like Turkey, Iceland, Portugal, and Hungary had the highest house price to rent ratio indices. This indicates a widening gap between property values and rental costs since 2015. The affordability of homeownership versus renting differs greatly among European nations, with some countries experiencing rapid increases in property values that outpace rental growth. These market dynamics influence rental costs and contribute to the diverse rental landscape observed across European cities.

In the presented European countries, the homeownership rate extended from 42 percent in Switzerland to as much as 96 percent in Albania. Countries with more mature rental markets, such as France, Germany, the UK and Switzerland, tended to have a lower homeownership rate compared to the frontier countries, such as Lithuania or Slovakia. The share of house owners among the population of all 27 European countries has remained relatively stable over the past few years. Average cost of housing Countries with lower homeownership rates tend to have higher house prices. In 2023, the average transaction price for a house was notably higher in Western and Northern Europe than in Eastern and Southern Europe. In Austria - one of the most expensive European countries to buy a new dwelling in - the average price was three times higher than in Greece. Looking at house price growth, however, the most expensive markets recorded slower house price growth compared to the mid-priced markets. Housing supply With population numbers rising across Europe, the need for affordable housing continues. In 2023, European countries completed between one and six housing units per 1,000 citizens, with Ireland, Poland, and Denmark responsible heading the ranking. One of the major challenges for supplying the market with more affordable homes is the rising construction costs. In 2021 and 2022, housing construction costs escalated dramatically due to soaring inflation, which has had a significant effect on new supply.

The average revenue per smart home in the smart home market in Switzerland was forecast to continuously decrease between 2024 and 2028 by in total ***** U.S. dollars. After the seventh consecutive decreasing year, the indicator is estimated to reach ***** U.S. dollars and therefore a new minimum in 2028. The Statista Market Insights cover a broad range of additional markets.

The industry includes short-term, temporary and temporary long-term accommodation. Short-term holiday accommodation includes hotels, holiday villages, vacation homes, hostels and cottages. Temporary accommodation includes railway sleeping cars, student halls and boarding houses. Camping grounds, recreational vehicle parks and trailer parks are also included.

In 2023, the average cost of building a new rental house in the Netherlands reached 428 euros per cubic meter. Building owner-occupied property was slightly cheaper to construct. The source mentions that the numbers concern an average on granted building permits for newly to be constructed homes with a total construction cost of more than 50,000 euros (excluding taxes over the last 12 months). Permits which combine living areas with holiday homes and/or offices were not counted. Note that no numbers were provided on renovation.

What is the market size of the construction industry in the Netherlands?

As of 2022, the Netherlands had over 254,417 active construction companies. These companies were either active in the construction of buildings or development of building projects, civil engineering or were involved in specialized construction activities. One of the more internationally well-known Dutch construction firms is BAM, which is also active in Belgium, the United Kingdom, Ireland and Germany with project deliveries in Denmark, Luxembourg and Switzerland. The revenue of the Royal BAM Group reached a value of 6.3 billion euros in 2023.

How much do you pay for a house in the Netherlands?

Utrecht was one of the provinces in the Netherlands with the highest price for a single-family house. It is also important to look at the different prices in Dutch cities, as they can vary significantly. Residential property in Amsterdam, cities surrounding the Dutch capital (such as Haarlem) or Utrecht sold for much higher prices than a house in, for example, Rotterdam.

The average revenue per capita in the home & laundry care market in Switzerland was forecast to continuously increase between 2024 and 2029 by in total **** U.S. dollars (+***** percent). After the seventh consecutive increasing year, the indicator is estimated to reach ****** U.S. dollars and therefore a new peak in 2029. Find further information concerning the average revenue per capita in the 'Household Cleaners' segment of the home & laundry care market in Luxembourg and the revenue in the home & laundry care market in Peru. The Statista Market Insights cover a broad range of additional markets.

The total number of dwellings per one thousand citizens in European countries in 2023 was the highest in Bulgaria and the lowest in Greece. There were approximately *** dwellings for every one thousand citizens in Bulgaria and in Greece, this figure amounted to ***. Germany had the largest total housing stock of **** million dwellings in the same year, of which there were *** per one thousand citizens. How prevalent is homeownership across European nations? Homeownership rates in Europe vary widely due to cultural, economic, and policy factors. Usually, countries in Southern and Eastern Europe tend to have higher rates of homeownership compared to those in Northern and Western Europe. For instance, in 2022, the homeownership rates in countries like Serbia, Romania, and Slovakia were quite high, topping ** percent. On the contrary, nations such as Germany, Switzerland, and Austria exhibited lower rates, below ** percent. New dwelling transaction prices across Europe The transaction price of a new dwelling includes the cost of the property itself, along with any additional expenses like taxes, fees, or other associated costs pertaining to the acquisition. In 2023, the average transaction price for a new dwelling in Europe was the highest in Austria, Germany, and France. Romania, Greece and Bosnia and Herzegovina had the lowest average transaction prices compared to other European countries.