Swiss property prices have continued to rise, with a 0.5% increase in owner-occupied homes in the third quarter of 2024. The residential property price index now stands at 118.2 points, reflecting a 1.7% inflation rate compared to the same quarter in 2023.

Single-family homes saw a price increase of 0.3%, while owner-occupied apartments increased by 0.7%. Notably, urban municipalities in large and medium-sized agglomerations recorded the most significant price increases for single-family homes, with a rise of 0.7%. In contrast, prices in intermediary municipalities experienced a slight decline of 0.1%. For owner-occupied apartments, the strongest price growth occurred in medium-sized urban municipalities, where prices surged by 2.0%. However, rural communities faced a downturn, with prices falling by 1.9%.

The property price index, published quarterly since 2020, is based on an average of approximately 7,000 transactions across Switzerland, with data sourced from the country's 28 largest mortgage institutions.