Residential property prices fell by 1.0% in 1st quarter 2024

by | 5 May 2024 | Economy

The Swiss residential property price index (IMPI) fell in the 1st quarter 2024 compared with the previous quarter by 1.0% and reached 116.3 points (4th quarter 2019 = 100).

Compared with the same quarter of the previous year, inflation was 1.5%. These are some of the results from the Federal Statistical Office (FSO).


In the 1st quarter 2024, in comparison with the previous quarter across Switzerland both the prices of single-family houses (-0.7%) and those of condominiums decreased (-1.3%).

For single-family houses, prices fell the most in urban municipalities of a large agglomeration (-2.6%), while prices rose the most in urban municipalities of a small or outside agglomeration (+4.6%).

For condominiums, the sharpest fall in prices was seen in the category of intermediary municipalities (-4.2%).

The greatest price increase took place in urban municipalities of a medium-sized agglomeration (+0.5%).

You can find further information in the following PDF document.