Prices for single-family homes reach peak
Zürich - Preise und Angebotsmieten für Wohnungen haben im vergangenen Jahr schweizweit deutlich zugelegt. Die Preise für Einfamilienhäuser gingen gleichzeitig leicht zurück. Dies zeigt eine Erhebung der SMG Swiss Marketplace Group. Ihre Fachleute sehen ein Preis-Plateau bei Häusern erreicht.
Both asking rents and flat prices have risen sharply over the past twelve months, SMG Swiss Marketplace Group(SMG) reports in a press release on the latest Swiss Real Estate Offer Index. Specifically, SMG’s experts observed a 2.6 per cent increase in prices for condominiums between the beginning and end of 2023. At the same time, asking rents rose by 4.4 per cent. The SMG Swiss Marketplace Group combines the digital marketplaces of TX Group, Ringier and Mobiliar.
By contrast, prices for single-family homes in December 2023 were down 0.7 per cent on the previous year. According to the experts at SMG, prices have reached a plateau. The already very high purchase price level and increased interest rates on loans are cited in the press release as the reason for this. In many cases, there is also a high need for investment, for example for energy-efficient refurbishments.
“Sellers of condominiums are hoping that potential buyers will purchase an affordable condominium unit rather than a single-family home, which means that this form of home ownership remains in high demand,” Martin Waeber, Managing Director Real Estate at SMG, is quoted as saying in the press release. Rents for flats have seen a “massive increase of 8.6 per cent” in the last two years, “after the level of asking rents in Switzerland had been moving sideways for many years”.