Swiss Real Estate Market: New Properties Still in Short Supply

The latest Credit Suisse Real Estate Monitor reports a slight increase in the supply of available owner-occupied housing, with more houses and apartments for sale. This trend can be explained by rising mortgage rates, which are prompting homeowners to sell their properties ahead of refinancing deadlines.

But despite this slight evolution, the offer rates of 1.8% for condominiums and 1.6% for single-family homes remain low, since the long-term average since 2006 is 2.1% for condominiums and 2.4% for single-family homes.

These figures demonstrate the scarcity of property for sale, whether apartments or villas, throughout Switzerland and particularly in the Lake Geneva region. If we exclude existing properties, the supply of apartments and villas in new real estate developments remains largely insufficient, and maintains the scarcity effect.