CIFI Report Q4 2023: Swiss Real Estate Market Shows Strong Resilience

Over-the-counter transaction prices for both residential and investment properties rose again in the fourth quarter of 2023. Over the year as a whole, the price of owner-occupied housing rose by a substantial 4.6%.

The willingness to pay for residential property rose by 1.2% on the previous quarter, fuelled by villas (+1.1%) but also by owner-occupied apartments (+1.2%), according to the Private Real Estate Price index published on Monday by real estate consultancy Cifi.

Prices for investment properties rose by 1.1% in the last three months of the year, although this increase can be described as moderate compared with the previous quarter. The year-on-year increase was 3.7%, which means that the annual growth rate is well below the level of previous years.

“This greater willingness to pay suggests that buyers continue to believe in the stability of the market and are convinced that property investments remain profitable compared to other asset classes,” the document points out.

Following the reversal in interest rates, mortgage rates appear to have temporarily passed their peak. At the same time, demand for rental accommodation remains extremely strong, while the shortage of supply continues to be the main factor driving up prices on the real estate market.

We invite you to discover three new projects by the Capvest Group, all of which have planning permission and are located on the left bank of the Canton of Geneva or in the Canton of Vaud.

Le Chêne d’Ehden” in Conches – THPE project – https://rag.lechenedehden.ch

Les Vignes d’Ehden” in Anières (GE) – THPE project – https://rag.lesvignesdehden.ch 

Les Rives d’Ehden” in La Tour-de-Peilz (VD) – Minergie project – https://rag.lesrivesdehden.ch

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