Property owners expect stable prices
Private owners of investment properties are assuming stable prices on the property market for the coming year. Excessive valuations and vacancies are perceived as risks. This is shown by a corresponding barometer from Crowdhouse.
Private sole and co-owners of investment properties in Switzerland expect stable price development in the next year, writes Crowdhouse in a communication on its new real estate barometer. According to the Zurich fintech, this is “the only data collection in Switzerland that focuses on the expectations of private owners of Swiss investment properties”. For the current edition of the barometer, Crowdhouse interviewed around 180 people.
Only a minority of 6 percent expect real estate prices to fall in the next year, the press release explains. Most of those surveyed consider the market for investment property to be safe and not very risky. However, it is also considered overrated, explains Crowdhouse. An excessively high rating and vacancies were named by those surveyed as the two greatest current risks.
In addition, the respondents have spoken out in favor of greater digitization of the market, writes the fintech company. Crowdhouse provides detailed information on the property barometer on the Internet .
