The UBS Swiss Real Estate Bubble Index declined in the last quarter of 2017, the second quarterly decline in a row. Prices are considered balanced when the index reaches zero. Between zero and 1 is considered a price boom, between 1 and 2 is considered at risk and above 2 a bubble. At the end […]
Swiss have never moved as much as they did in 2015
20 Minutes. In Switzerland, more than a million people moved house in 2015, 12.1% of the population. The figure has never be higher, according to a report called Immo-Monitoring published by Wüest Partner. The home moving covered around 490,000 dwellings. Of those who moved, 344,000 stayed in the same commune (Gemeinde) while the other 659,000 changed […]
Fall in Swiss property prices accelerates
Over the year ending 31 March 2017, apartment prices across Switzerland dropped by 6.8%, according to a property price report published by the Zurich-based research and consulting firm Fahrländer Partner FPRE. Close to half of the decline (-3.2%) occurred in the first quarter of 2017. Mid-range apartments hardest hit Across the year, the price of […]
UBS says Swiss property market remains at risk of bubble: chart
Brought to you by Investec Switzerland. Risks to the Swiss property market remained elevated in the three months through September, according to UBS Group AG’s quarterly index. “While the buy-to-rent price ratio reached an all-time high, moderate mortgage growth and the slightly-improved economy prevented imbalances in the owner-occupied housing market from widening,” it said in […]
Swiss property prices set to decline this year says report
Tribune de Genève. According to construction and property market consultants, Wüest & Partner, the Swiss housing market, for both renting and buying, should ease by 0.3% in 2016. In French-speaking Switzerland the declines should be higher with declines of 0.6% predicted in the Lake Geneva region and a fall of 2.1% expected in Valais. For the […]
How buying a house has become beyond the reach of most Swiss
20 Minutes. A couple with an annual income of CHF 100,000 won’t find anything in 65% of Swiss communes according to the newspaper. After looking at 800,000 property advertisements on the website Homegate, 20 Minuten calculated an average home price increase of 36% between 2002 and 2015, far more than the 15% rise in salaries between 2002 […]
UBS expects home prices to fall in Switzerland in 2016
This week the bank UBS and the consulting firm EY released their 2016 real estate reports. UBS says home prices are expected to fall for the first time in 17 years. EY is bearish on some sectors but more sanguine on home prices. UBS highlights affordability issue The main brake on home prices is affordability according to […]
Swiss real estate bubble index rises significantly
The UBS Swiss Real Estate Bubble Index rose significantly in the second quarter of 2015 and now stands at 1.37 index points. The report says that the housing market is still caught up in an investment property boom. House prices and private household mortgages went up disproportionately relative to Switzerland’s weak economy. The Index rose […]
Swiss property prices on the way down
Credit Suisse’s recent annual property report describes the downward forces on Swiss property prices and explains why a soft landing is not guaranteed. The report also looks at the cities and regions most at risk. Swiss franc shock Swiss real estate was already poised to head into the downward part of the property cycle before […]
