Swiss property market shows no signs of correction

The Swiss real estate market continues to show no signs of correction. In recent months, prices have continued to rise, while neighbouring countries such as Germany and France have seen considerable declines. +Get the most important news from Switzerland in your inbox In the past 12 months, Swiss house prices have risen by 3.8%, as calculated by real estate consultancy IAZI in a study published on Tuesday. In the past six months, the price increase has at least slowed somewhat to 2%. According to the study, prices for private residential property in Switzerland have even risen by 8.9% over the past two years. Meanwhile, neighbouring countries such as Germany (-12.2%) and France (-4.5%) have had to accept some severe price corrections over the past 24 months. In Europe, only the UK (+3.1%) and Italy (+2.8%) recorded positive figures. In Switzerland, the ongoing interest rate cuts in particular have made financing cheaper again since last year and thus ensured a further increase.