House prices in Switzerland up 5% in one year

Buying a house in Switzerland continues to get more expensive. According to new figures from the Federal Statistical Office (FSO), house prices have risen again in the second quarter of 2025.

Property prices in Switzerland up 5% year-on-year

The Swiss Residential Property Price Index (IMPI) - an indicator that tracks the development of house prices in Switzerland - rose by 1,9 percent in the second quarter of 2025, hitting 123,3 points. Year-on-year, the index rose by 5 percent, according to the FSO’s data.

While prices increased across all property types, apartments saw the strongest growth of 2,2 percent quarter-on-quarter. Prices for single-family houses rose comparatively modestly at 1,5 percent between the first and second quarter of 2025. 

Prices for single-family houses fell in some municipalities

Apartment prices also increased across all types of municipalities in Switzerland, whereas single-family house prices rose strongest in rural municipalities (+3,4 percent). In intermediary municipalities (defined as a municipality that is not entirely rural, but not entirely urban), prices for single-family homes actually fell by 0,9 percent. 

The IMPI has been published on a quarterly basis since the third quarter of 2020, and uses data from around 8.000 property transactions across Switzerland, obtained from the 28 largest providers of mortgages in Switzerland.