House prices rise modestly

Tuesday, 16 July 2024 06:30

Swiss house prices saw a modest increase over the past year. According to the Zurich consultancy, FPRE, the average rise was 4.7%.

It was the most expensive property that saw the strongest gains – but in the mid-range, the rise was still over 3%.

But apartment prices remained fairly flat, only registering a rise of just over 1%.

But the rises are limited to the areas of higher population, such as Zurich and Geneva.

Homes in the Alpine region and around the Jura actually fell by about half a percent.

But experts say they expect prices to continue to climb in the medium term, as there’s limited building and a strong demand.

More from Bitesize News

G7 Summit in Évian - Everything you need to know

The next G7 Summit will be held in Évian-les-Bains from 15 to 17 June 2026, bringing together heads of state and government from the G7 nations: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
Geneva braces for G7 with 4,000 soldiers as protest standoff deepens

Geneva is bracing for next week's G7 summit in Évian, with nearly 4,000 soldiers backing up 1,500 cantonal police across Geneva, Vaud and Valais.
Zelensky proposes Switzerland as venue for Putin meeting

Ukrainian president Volodymyr Zelensky has named Switzerland as a possible venue for a face-to-face meeting with Vladimir Putin to end the war in Ukraine.
Geneva family fights to recover dead son's brain

A Geneva family has discovered that their son Alexandre, who was killed by a hit-and-run driver three years ago, was buried without his brain.
Airport queues lengthen at Geneva and Zurich under new EU border checks

Travellers arriving at Swiss airports from outside the Schengen area are now waiting up to two hours at passport control, because of the EU's new Entry-Exit System.
Ticino votes on Switzerland's first compulsory dental insurance

Ticino voters head to the polls on 14 June on a proposal to create Switzerland's first compulsory cantonal dental insurance.