Apartment and house prices in Switzerland rose in March compared to the previous month against the background of global economic uncertainty. The growth ranged from 1% to 5.2%, the Swiss financial agency AWP reported, citing the purchase index of the portal Immoscout24.
Housing prices in March rose by an average of 1.3% nationwide and by 5.2% in central Switzerland. In the east and in the densely populated region around Zurich, the growth was 2.2%. Apartment prices in the country have increased by 1%, in the center of the confederation - by 2%, in the area around Lake Geneva - by 1.6%.
The Director of Real Estate in E-commerce Platforms at SMG Swiss Market Group Martin Weber explains this trend with the fact that “in the context of geopolitical tensions, trade conflicts and general economic uncertainty, home ownership is perceived as a more crisis-resistant investment".
Detailed statistics on average property prices in Bulgaria by cities and neighborhoods can be seen HERE