
US mortgage drive steps up a gear
750 million dollars by 2035, 500,000 additional homeowner households and a more than 40 per cent increase in mortgage volume. The largest US bank is banking on an aggressive expansion of financing in the weak US housing market, thereby turning access to home ownership into a growth area – of all

Low inflation is easing the pressure on mortgage rates
An annual inflation rate of 0.5 per cent in June 2026 and an SNB key interest rate of 0 per cent will spare fixed-rate mortgages maturing by the end of the year the acute impact of rising interest rates. At present, the greatest influence often lies not with monetary policy, but with the banks’

Eight-Year High in Permits, No Impact on Rents
Cranes are once again a common sight on Swiss construction sites. Last year, the number of new apartments approved was the highest it has been in eight years. Anyone hoping for lower rents is likely to be disappointed. The construction boom is simply not enough to meet the pent-up

When Ecology Becomes a Return on Investment
Sustainable construction is often seen as an expensive luxury rather than a smart investment. A new study using the Empa and Eawag campus parking garage as an example shows the opposite. Investing in flexibility today saves millions tomorrow. The proof lies in an unassuming wooden building in

Lengnau launches a project for 24 homes for the elderly
A planning application has been submitted for 24 barrier-free flats for people aged 60 and over on Landstrasse in Lengnau. The project, led by the Mühlihalde co-operative, aims to bridge the gap between living at home and moving into a care home at a later stage; however, the start date for

Brienz is fighting to delay the move for the time being
Ten objections are holding up the preventive resettlement project in Brienz/Brinzauls. However, the municipality of Albula/Alvra only gave its clear approval for the loan of 82.56 million Swiss francs on 10 July 2026. For property owners, this means that not only the financing but also the

Affordable holiday flats remain scarce in the Alps
Evolène and Goms top the list of the most affordable Alpine destinations analysed for 2026. According to UBS, prices for holiday homes there stand at 6,600 and 6,700 Swiss francs per square metre. At the same time, prices for second homes in the Alps continued to rise across Switzerland in 2025,

Mortgage rates are rising again in July
In Switzerland, published mortgage reference rates have risen across all standard terms since the start of July 2026. This means that new mortgages are becoming more expensive for homeowners and buyers, even though effective interest rates remain below the spring highs and banks are coming under

Bern secures loans for affordable housing
The National Council and the Council of States have secured the key federal instruments for social housing construction until the early 2030s. CHF 150 million has been approved for the Fonds de Roulement, along with guarantees totalling CHF 1.92 billion for EGW

Viererfeld Raises the Bar for Cooperative Housing
In Bern’s Viererfeld neighborhood, the cost of purchasing a cooperative apartment is rising significantly. Following the decision on June 1, 2026, the minimum equity contribution will rise to 2,000 francs, plus share certificates totaling approximately 40,000 francs, depending on the size of the

Aargau Cannot Stop Higher Assessed Rental Values
In Aargau, the increase in imputed rental values remains in effect. An external legal opinion supports the cantonal government’s position and rules out a freeze or a retroactive adjustment. For property owners, the debate has thus shifted from the valuation to the question of possible tax

Logistics space is driving commercial construction
Between the second quarter of 2025 and the first quarter of 2026, building permits for industrial and logistics space totaling 4.4 billion Swiss francs were issued in Switzerland. Demand remains high, even though available space is scarce and permitting procedures are slowing down new

Lex Koller Pits Housing Policy Against the Capital Market
On April 15, 2026, the Federal Council launched a public consultation on tightening the Lex Koller. The draft proposal addresses primary residences owned by third-country nationals, vacation homes, commercial properties, and publicly traded residential real estate companies, thereby sparking debate

Residential buildings are driving the market, while older properties are coming under pressure
In 2026, Swiss residential real estate will remain the preferred source of stability for many institutional portfolios. At the same time, ESG requirements, renovation costs, and location quality are having a greater impact on valuations than in the past, particularly for older office and

Zurich scraps the old rule on renting and buying
In the canton of Zurich, home ownership became even more expensive in the second quarter of 2026. At the same time, rents for existing apartments are falling slightly. As a result, buying is no longer automatically the better option. Those who stay in the same apartment for a long time often end up

How the Federal Government Failed Because of Its Own Lease Agreement
A red-and-white flag, a view of the harbor, direct access to the water. For years, the “Swiss House” at Pier 17 in San Francisco served as Switzerland’s calling card in Silicon Valley. Now it’s over. The federal government had to vacate the site and is leaving behind nearly nine million

Winterthur Opposes the 2040 Land-Use Plan
A planning tool that sets out more than 100 policy objectives. A referendum committee that speaks of a “political straitjacket.” On November 29, 2026, Winterthur will decide at the polls how much leeway the city’s development should retain over the next 15 years. The referendum against the

The “imputed rental value” trick that failed in court
Higher tax bills, delayed decisions, political squabbles. With the largest revaluation of its real estate since 1998, the canton of Aargau has stirred up a hornet’s nest. An external expert report now offers a clear assessment of a controversial political initiative. The demand by the FDP and SVP

Time pressure weighs on project values
Housing remains in short supply, but lengthy procedures, new regulations, and political uncertainty are hampering development. This is putting increasing pressure on valuations, particularly for new construction and replacement projects, because delays and safety margins directly reduce the

Zurich is driving the market for condominiums
Asking prices for residential real estate continue to rise in Switzerland, but the picture is becoming more uneven. In June 2026, condominium prices nationwide rose by 4.5 percent compared with the previous year. The Zurich region saw particularly strong growth, while single-family homes are

Germany’s rental market is outpacing incomes
In major German cities, asking rents have been rising significantly faster than real wages since 2023. At the same time, housing construction fell to 206,600 completions in 2025. This is increasing the pressure on project developers, investors, and cities to provide affordable


Habeck Strengthens Urban Partners in Germany
Robert Habeck will join Urban Partners effective August 1, 2026. For the Danish urban development investor, this is more than just a personnel change: The company is expanding its presence in Germany and forging closer links between affordable housing, brownfield development, and institutional


Hospital property firms are making a push into the capital market
Infracore is not using its IPO primarily to raise its profile, but rather to fund acquisitions. The property owner, which specialises in hospital and healthcare properties, aims to raise around 200 million Swiss francs gross on the SIX and use the proceeds to finance a pipeline of nine potential


Rights of first refusal have a significant impact on sales
When a plot of land is sold, it is not always the buyer with whom negotiations have taken place who ultimately decides. In Switzerland, contractual and statutory rights of first refusal can divert the transfer of ownership. For owners, developers and co-owners, this means that even the drafting of

Housing preferences and the market are drifting apart
According to the 2026 Dream Home Study, 43 per cent of those surveyed would prefer to live in the countryside, but rising prices, a shortage of properties and high barriers to financing are keeping many in urban centres. The gap is particularly wide among young city

A sale sharpens the focus on Zurich’s prime locations
With the sale of Richtipark in Wallisellen for 150 million Swiss francs, PSP Swiss Property is visibly reallocating capital. Part of the proceeds will go toward debt reduction, and part has already been invested in a Zurich property on Schützengasse. At the same time, the group has secured Google

“Freeze the Rent,” a command that has the world sitting up and taking notice
New York is expensive, ruthless, and notoriously unaffordable. Now its new mayor is getting serious. Starting in October 2026, rent increases will be capped at zero percent for nearly one million apartments. It’s a political earthquake and a signal that resonates far beyond the