{"id":106929,"date":"2024-07-11T09:00:29","date_gmt":"2024-07-11T07:00:29","guid":{"rendered":"https:\/\/www.immo-invest.ch\/raiffeisen-sieht-schwaechere-preisdynamik-bei-immobilien\/"},"modified":"2024-07-11T09:03:52","modified_gmt":"2024-07-11T07:03:52","slug":"raiffeisen-sieht-schwaechere-preisdynamik-bei-immobilien","status":"publish","type":"post","link":"https:\/\/www.immo-invest.ch\/en\/raiffeisen-sieht-schwaechere-preisdynamik-bei-immobilien\/","title":{"rendered":"Raiffeisen sees weaker price momentum for property"},"content":{"rendered":"

Raiffeisen<\/a> recorded a slowdown in price momentum in the second quarter of 2024. Compared to the first quarter, prices for single-family homes rose by 1.3 per cent and those for condominiums by 0.5 per cent. According to a press release<\/a>, “price momentum is not expected to pick up again any time soon” due to the persistently high interest rates compared to the low-interest phase, says Fredy Hasenmaile, Chief Economist at Raiffeisen Switzerland.<\/p>\n

The financial experts are currently observing the strongest price increases for single-family homes in city centres or tourist regions. “The price trend on the owner-occupied property market is weakening further with the descent from the interest rate peak,” says Hasenmaile.<\/p>\n

Compared to the previous year, prices for single-family homes in southern Switzerland (+11 per cent) and eastern Switzerland (+9.9 per cent) recorded the highest increases. Prices for houses fell slightly in western Switzerland (-1.8 per cent) and Zurich (-1.5 per cent). In contrast, Zurich (+6.3 per cent) and Northwestern Switzerland (+2 per cent) recorded the strongest increases for condominiums. According to the Raiffeisen Transaction Price Index, prices for owner-occupied flats have generally risen slightly in urban municipalities, but are weakening in the centres.<\/p>\n

The index is compiled quarterly and is published at the beginning of each quarter. It is based on real estate transaction data from Raiffeisen and the Swiss Real Estate Datapool(SRED<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

Raiffeisen reports a slowdown in price dynamics in the second quarter of 2024. Prices for single-family homes increased by 1.3 percent, while condominium prices rose by 0.5 percent. A quick rebound in price dynamics is not expected due to high interest rates.<\/p>\n","protected":false},"author":2,"featured_media":106924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","_surecart_dashboard_logo_width":"180px","_surecart_dashboard_show_logo":true,"_surecart_dashboard_navigation_orders":true,"_surecart_dashboard_navigation_invoices":true,"_surecart_dashboard_navigation_subscriptions":true,"_surecart_dashboard_navigation_downloads":true,"_surecart_dashboard_navigation_billing":true,"_surecart_dashboard_navigation_account":true,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[12481,12476,22305,22433],"tags":[22434,12525,12526,12528,32675,12929,12586],"class_list":["post-106929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-en","category-immonews","category-switzerland","category-trends-en","tag-immobilienpreise-en","tag-immoinvest-en","tag-immonews-en","tag-news-en","tag-preisdynamik-en","tag-raiffeisen-en","tag-schweiz-en","pmpro-has-access"],"acf":{"bild_mit_ki_erstellt_worden":[],"lead":"Raiffeisen reports a slowdown in price dynamics in the second quarter of 2024. Prices for single-family homes increased by 1.3 percent, while condominium prices rose by 0.5 percent. A quick rebound in price dynamics is not expected due to high interest rates.","autor":"ce\/ww","ort":"St.Gallen","bildunterschrift":"","zusammenfassung":"","bild_im_grid":false,"gallerie":"","newsim":""},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t