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This was demonstrated in a survey by the Zurich consulting firm Fahrländer Partner Raumentwicklung. When it comes to condominiums, the majority (57%) of industry experts surveyed assume fixed prices, as survey results released Thursday show. Almost 30 percent expect rising or sharply rising prices, almost 15 percent expect lower prices.
In the case of single-family homes, half expect stable prices, while just over a third of respondents assume that prices will continue to rise. The lower price expectation is just over 10 percent.
Meanwhile, residential rents are likely to continue to rise. Three-quarters of the experts surveyed assume this. Net migration and general inflation are cited as the reasons for the increase. On the other hand, a good one-fifth expect rents to be stagnant, while only 2 percent expect lower rents.
When it comes to office rents, just over two-thirds of respondents assume a recession. A good quarter expects rents to fall and rise 6 percent.
According to the information obtained, the survey was carried out between the end of April and mid-May of 2023. 918 market participants from all over Switzerland were surveyed.
(SDA)
Source : Blick
I am Dawid Malan, a news reporter for 24 Instant News. I specialize in celebrity and entertainment news, writing stories that capture the attention of readers from all walks of life. My work has been featured in some of the world’s leading publications and I am passionate about delivering quality content to my readers.
