Real estate Home ownership market 2025: apartments significantly more expensive, houses moderate
On the Swiss owner-occupied home market, asking prices for condominiums rose significantly last year. Inflation was less pronounced for single-family homes. However, there were major regional differences.
08.01.2026, 07:09
SDA
Across the country, prices for condominiums rose by 4.2 percent year-on-year. Single-family homes recorded a more moderate increase of 2.6 percent. This is according to the ImmoScout24 purchase index published on Thursday, which is compiled in collaboration with the real estate consultancy IAZI. It measures the price development of single-family homes and condominiums advertised for sale.
According to market observers, the main drivers of the trend were low mortgage interest rates and the impending abolition of the imputed rental value. This would make home ownership more attractive than renting.
More old buildings
At the same time, there was a noticeable increase in the supply of single-family homes, particularly due to additional older buildings, according to the report. The supply of condominiums, on the other hand, remained stable. Condominiums accounted for around two thirds of advertised owner-occupied homes in 2025.
There were marked regional differences. Above-average price increases and high price levels were recorded in the greater Zurich region and Central Switzerland, where price increases were more than 30 percent above the Swiss average in some cases. The Central Plateau and Ticino, on the other hand, were significantly weaker, with price increases remaining below the national average.
Central Switzerland hotspot
Central Switzerland led the way for condominiums with a price increase of 9.5 percent, followed by Eastern Switzerland with 6.5 percent. In Ticino, the market virtually stagnated.
Central Switzerland also led the way for single-family homes with a 7.7 percent increase, while asking prices in Ticino fell by 4.6 percent.
