Swiss residential property price index in the 1st quarter 2022 Residential property prices fell by 0.4% in 1st quarter 2022
Residential property prices increased by 2.7% in 2nd quarter 2022
17.05.2022 - The Swiss residential property price index (IMPI) fell in the 1st quarter 2022 compared with the previous quarter by 0.4% and reached 110.3 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 7.0%. These are some of the results from the Federal Statistical Office (FSO).
The decline in the IMPI in comparison with the previous quarter is the result of contrasting developments in the market for single-family houses (+0.6%) and for condominiums (–1.2%). The increase in prices for single-family houses was greatest in urban municipalities of a large agglomeration (+4.9%), whereas prices in urban municipalities of a small or outside agglomeration fell the most (–4.2%). The sharpest price drop for condominiums was seen in urban municipalities of a medium-sized agglomeration (–3.3%). The only increase in prices for condominiums was recorded in the intermediate municipalities (+0.7%).
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