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.

Graph and download economic data for Residential Property Prices for Switzerland (QCHN628BIS) from Q1 1970 to Q2 2025 about Switzerland, residential, HPI, housing, price index, indexes, and price.

Housing Index in Switzerland increased to 200.07 points in the second quarter of 2025 from 198.17 points in the first quarter of 2025. This dataset provides - Switzerland House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Residential Property Prices in Switzerland increased 4.95 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Switzerland Residential Property Prices.

Key information about Switzerland Real Residential Property Price Index Growth

• Switzerland Real Residential Property Price Index Growth was reported at 0.675 % in Sep 2024.
• This records an increase from the previous number of 0.014 % for Jun 2024.
• Switzerland Real Residential Property Price Index Growth data is updated quarterly, averaging 1.822 % from Mar 1971 to Sep 2024, with 215 observations.
• The data reached an all-time high of 16.551 % in Mar 1973 and a record low of -12.373 % in Jun 1975.
• Switzerland Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

House price index in Switzerland, June, 2025 The most recent value is 167.77 index points as of Q2 2025, an increase compared to the previous value of 164.7 index points. Historically, the average for Switzerland from Q1 1990 to Q2 2025 is 100.75 index points. The minimum of 69.54 index points was recorded in Q4 2000, while the maximum of 167.77 index points was reached in Q2 2025. | TheGlobalEconomy.com

Key information about Switzerland Gold Production

• Switzerland Real Residential Property Price Index was reported at 152.025 2010=100 in Sep 2024.
• This records an increase from the previous number of 150.922 2010=100 for Jun 2024.
• Switzerland Real Residential Property Price Index data is updated quarterly, averaging 87.294 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 153.324 2010=100 in Dec 2022 and a record low of 69.674 2010=100 in Sep 1976.
• Switzerland Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

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.

Data description

The House Price Index (HPI) measures inflation in the residential property market. The HPI captures price changes of all types of dwellings purchased by households (flats, detached houses, terraced houses, etc.). Only transacted dwellings are considered, self-build dwellings are excluded. The land component of the dwelling is included.

The HPI is available for all European Union Member States (except Greece), the United Kingdom (only until the third quarter of 2020), Iceland, Norway, Switzerland and Turkey. In addition to the individual country series, Eurostat produces indices for the euro area and for the European Union (EU). As from the first quarter of 2020 onwards, the EU HPI aggregate no longer includes the HPI from the United Kingdom.

The national HPIs are produced by National Statistical Offices (NSIs) and the European aggregates by Eurostat, by combining the national indices. The data released quarterly on Eurostat's website include the national and European price indices, weights and their rates of change.

In order to provide a more comprehensive picture of the housing market, house sales indicators are also provided. Available house sales indicators refer to the total number and value of dwellings transactions at national level where the purchaser is a household. Eurostat publishes in its database a quarterly and annual house sales index as well as quarterly and annual rates of change.

Statistical concepts and definitions

The HPI is based on market prices of dwellings. Non-marketed prices are ruled out from the scope of this indicator. Self-build dwellings, dwellings purchased by sitting tenants at discount prices or dwellings transacted between family members are out of the scope of the indicator. It covers all monetary dwelling transactions regardless of its type (e.g., carried out through a cash purchase or financed through a mortgage loan).

The HPI measures the price developments of all dwellings purchased by households, regardless of which institutional sector they were bought from and the purpose of the purchase. As such, a dwelling bought by a household for a purpose other than owner-occupancy (e.g., for being rented out) is within the scope of the indicator. The HPI includes all purchases of new and existing dwellings, including those of dwellings transacted between households.

The number and value of house sales cover the total annual value of dwellings transactions at national level where the purchaser is a household. Transactions between households are included. Transfers in dwellings due to donations and inheritances are excluded.

The house sales value reflect the prices paid by household buyers and include both the price of land and the price of the structure of the dwelling. The prices for new dwellings include VAT. Other costs related to the acquisition of the dwelling (e.g., notary fees, registration fees, real estate agency commission, bank fees) are excluded.

Statistical unit

Each published index or rate of change refers to transacted dwellings purchased at market prices by the household sector in the corresponding geographical entity. All transacted dwellings are covered, regardless of which institutional sector they were bought from and of the purchase purpose.

more: https://ec.europa.eu/eurostat/cache/metadata/en/prc_hpi_inx_esms.htm

Switzerland Price to Income Ratio: sa data was reported at 125.810 2015=100 in 2024. This records an increase from the previous number of 124.006 2015=100 for 2023. Switzerland Price to Income Ratio: sa data is updated yearly, averaging 110.203 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 142.115 2015=100 in 1989 and a record low of 72.862 2015=100 in 2001. Switzerland Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Switzerland – Table CH.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

The real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in Switzerland was modeled to amount to ************* U.S. dollars in 2024. Following a continuous upward trend, the real estate transaction value has risen by ************ U.S. dollars since 2017. Between 2024 and 2029, the real estate transaction value will rise by ************ U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Residential Real Estate Transactions.

Key information about Switzerland Nominal Residential Property Price Index Growth

• Switzerland Nominal Residential Property Price Index Growth was reported at 1.747 % in Sep 2024.
• This records an increase from the previous number of 1.376 % for Jun 2024.
• Switzerland Nominal Residential Property Price Index Growth data is updated quarterly, averaging 3.229 % from Mar 1971 to Sep 2024, with 215 observations.
• The data reached an all-time high of 25.543 % in Mar 1973 and a record low of -6.580 % in Sep 1975.
• Switzerland Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

Switzerland House Price Index: Nominal: sa data was reported at 141.010 2015=100 in Dec 2024. This records an increase from the previous number of 139.346 2015=100 for Sep 2024. Switzerland House Price Index: Nominal: sa data is updated quarterly, averaging 67.540 2015=100 from Mar 1970 (Median) to Dec 2024, with 220 observations. The data reached an all-time high of 141.010 2015=100 in Dec 2024 and a record low of 21.851 2015=100 in Mar 1970. Switzerland House Price Index: Nominal: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Switzerland – Table CH.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Whole country; Seasonnally adjusted by OECD, using the X-12 ARIMA method; Residential property prices, sales of newly-built and existing dwellings, single-family dwellings The source is the same as the OECD Residential Property Price Indices (RPPIs) - Headline indicators database. Sales

Switzerland Real Estate Price Index: Lake Geneva: Owner-Occupied Apartments data was reported at 585.816 1970=100 in 2016. This records an increase from the previous number of 584.357 1970=100 for 2015. Switzerland Real Estate Price Index: Lake Geneva: Owner-Occupied Apartments data is updated yearly, averaging 275.147 1970=100 from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 621.341 1970=100 in 2012 and a record low of 100.000 1970=100 in 1970. Switzerland Real Estate Price Index: Lake Geneva: Owner-Occupied Apartments 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: 388330457

The Switzerland luxury residential real estate market size reached USD 13,971.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 20,584.2 Million by 2033, exhibiting a growth rate (CAGR) of 4.40% during 2025-2033. The increase in high-net-worth individuals seeking stability and privacy, surging foreign investment, rising demand for sustainable and eco-friendly homes, and the integration of advanced and sustainable smart home technologies are some of the key factors strengthening the market growth.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type.

The Switzerland Luxury Residential Real Estate Market Report is Segmented by Property Type (Apartments and Condominiums, and Villas and Landed Houses), by Business Model (Sales and Rental), by Mode of Sale (Primary (New-Build) and Secondary (Resale)), and by City (Zurich, Geneva, Basel, Bern, Zug and Other Cities). The Market Forecasts are Provided in Terms of Value (USD).

In the presented European countries, the homeownership rate extended from 42.6 percent in Switzerland to as much as 95.9 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 20 euro area countries stood at 64.5 percent in 2024. Average cost of housing Countries with lower homeownership rates tend to have higher house prices. In 2024, 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 2024, European countries completed between one and six housing units per 1,000 citizens, with Ireland, Poland, and Denmark responsible for 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 Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

Switzerland Real Estate Price Index: Single Family Homes data was reported at 457.100 1Q1970=100 in Dec 2016. This records an increase from the previous number of 453.603 1Q1970=100 for Sep 2016. Switzerland Real Estate Price Index: Single Family Homes data is updated quarterly, averaging 297.146 1Q1970=100 from Mar 1970 (Median) to Dec 2016, with 188 observations. The data reached an all-time high of 457.100 1Q1970=100 in Dec 2016 and a record low of 100.000 1Q1970=100 in Mar 1970. Switzerland Real Estate Price Index: Single Family Homes data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.EB001: Real Estate Price Index. Rebased from 1Q1970=100 to 1Q2000=100 Replacement series ID: 388329197

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing over the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, PropTech—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. A notable application of PropTech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.