Swiss residential property price index in the 3rd quarter 2020 Residential property prices increase by 0.2% in 3rd quarter 2020
26.11.2020 - As of the 3rd quarter 2020, the Federal Statistical Office (FSO) will publish figures for the Swiss residential property price index (IMPI) for the first time (see box). This new index rose by 0.2% in the third quarter of 2020 compared with the previous quarter and stood at 100.8 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was +2.6%.
The increase in the IMPI over the previous quarter is the result of contrasting developments in the market for single-family houses (+1.1%) and for condominiums (-0.6%). The increase in single-family house prices was particularly marked in the urban municipalities of the large agglomerations (+2.6%); it was also significant in the rural municipalities (+2.2%). The decline in prices for condominiums was greatest in the intermediate and rural municipalities (-1.1%).
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