Real estate in Zurich is experiencing an increase in supply and a decrease in prices, particularly for new builds, which now cost about 10% more than older apartments, down from a 20% premium a decade ago. Buyers are seeing more opportunities for price reductions, with over half of single-family home sales this year closing below the asking price. Additionally, the canton of Zurich is set to update the imputed rental value for tax purposes, likely resulting in significant increases for many property owners.
