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Over the third quarter of 2020, home prices in Switzerland rose by an average of 0.2%. However, the prices of some homes rose while others fell.
According to figures published by Switzerland’s federal statistical office, the price of individual houses rose 1.1% while the price of apartments fell by 0.6%.
The price rise for individual houses was particularly high in suburban areas near large cities (+2.6%) and in rural communes (+2.2%). Apartments in suburban and rural areas fell the most (-1.1%), according to report.
Compared to the end of the third quarter of 2019, prices of individual houses were 3.1% higher and prices of apartments were 2.1% higher. The combined average rise was 2.6%.
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Le News is a free, quality, local English language newspaper launched on 31 October 2013. Le News fills a gap in local Swiss media for the numerous English-speakers living and visiting Switzerland. In late January 2015 we decided to put our print medium on hold and focus on our digital media presence.
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