Swiss residential property price index in 3rd quarter 2024 Residential property prices increased by 0.5% in 3rd quarter 2024

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Residential property prices increased by 0.5% in 3rd quarter 2024

04.11.2024 - The Swiss residential property price index (IMPI) rose in the 3rd quarter 2024 compared with the previous quarter by 0.5% and reached 118.2 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 1.7%. These are some of the results from the Federal Statistical Office (FSO).

In the 3rd quarter 2024, in comparison with the previous quarter across Switzerland, the prices of both single-family houses (+0.3%) and those of condominiums increased (+0.7%). For single-family houses, prices rose the most in urban municipalities of a large agglomeration and urban municipalities of a medium-sized agglomeration (+0.7%), while prices fell in intermediary municipalities only (-0.1%). For condominiums, the greatest price increase was seen in the category of urban municipalities of a medium-sized agglomeration (+2.0%). A decline in prices for condominiums was only recorded in rural municipalities (-1.9%).

You can find further information in the following PDF document.

Details

Observation period
1.7.2024-30.9.2024
Periodicity
Quarterly
Spatial division
Switzerland
Source(s)
Federal Statistical Office
FSO number
2024-0375-e
Terms of Use
OPEN-BY
Open use - Must provide the source
Article type:
Press release
Published on:
04.11.2024
Topic:
Prices

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