Swiss residential property price index in 4th quarter and annual inflation in 2022 Average annual inflation for residential property in 2022 was 6.4%
Residential property prices fell by 1.2% in 1st quarter 2023
14.02.2023 - The Swiss residential property price index (IMPI) increased in the 4th quarter 2022 compared with the previous quarter by 1.2% and reached 116.0 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 4.8%. Average annual inflation for residential property in 2022 was 6.4%. These are the results from the Federal Statistical Office (FSO).
The average annual inflation of the IMPI for 2022 of 6.4% corresponds to the rate of change between the annual average for 2022 and that for 2021. The annual average is calculated as the arithmetic average value of the four quarterly indices of the calendar year. The prices of single-family houses increased last year on average by 7.3% and those of condominiums by an average of 5.6%.
In the fourth quarter of 2022 the increase of the IMPI compared with the previous quarter was 1.2%. The prices for both single-family houses (+2.0%) and condominiums (+0.5%) increased. The market segment of single-family houses showed higher prices than in the 3rd quarter 2022 in all municipality types. The increase in prices for single-family houses in rural municipalities was particularly pronounced (+5.5%). For condominiums, prices also rose the most in rural municipalities (+3.8%), while prices fell the most in urban municipalities of a large agglomeration (–1.1%).
You can find further information in the following PDF document.
Average annual inflation for residential property in 2022 was 6.4%
(PDF, 7 Seiten, 283 kB)
Schweizerischer Wohnimmobilienpreisindex im 4. Quartal 2022