Brought to you by Investec Switzerland. Natalie Obiko Pearson and Katia Dmitrieva, writing for Bloomberg, look at the UBS 2016 Global Real Estate Bubble Index report. While Switzerland’s two main cities, Zurich and Geneva, are not described as having “Bubble risk” they are in the next category: “Overvalued”. Vancouver, London and Stockholm rank as the […]
Swiss home vacancy rate climbs to 15-year high
Switzerland has around 4.4 million homes. In 2000, 52,608 (1.49%) of them were vacant. By 2003, this number had dropped to 33,039, a vacancy rate of 0.91%. After fluctuating between this level and 1.07%, the rate started to climb in 2014 to its current rate of 1.30%, its highest level in 15 years. Before home hunters […]
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 […]
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 […]
