The house seems to be in the Swiss sought after than ever. Although it has been offered in the past year, again more single-family homes for sale, this found but also faster a buyer. The most sought-after, especially houses in the Zurich Region.
In the reporting period, were offered in the whole of Switzerland approximately 34’000 single-family homes on the Internet portals to buy. The offer is increased compared to the previous year by almost 10 per cent as of on Thursday from the home gate published “Online Home Market Analysis” (GRANNY). In this, the real estate portal in cooperation with the real estate Institute of the Hochschule für Wirtschaft Zürich (HWZ) has studied the Swiss online market places advertised single family homes.
In nearly all regions of Switzerland registered a significant increase of the offered single-family homes. Only in the Geneva Region, the number was again down significantly. Most houses were in demand with a sales price up to 1.5 million Swiss francs.
In the Canton of Ticino to wait houses the longest on the buyer
if you wanted to acquire in the past year, however, a home, and had to hurry. Because the average tender – or insertion time is decreased, despite the higher offer from nine to 81 days. The fastest with 48 placement days were sold houses in the Zurich Region. As the only Region in the Eastern part of Switzerland showed an increase of the insertion time of three to 67 days. Place two reached 64 insertion of days, the North-Western part of Switzerland. At the other end of the scale, the Ticino was, however, significantly reduced tender time of 92 days, compared to 123 in the previous year. As the only Region in the Eastern part of Switzerland showed an increase of the insertion time of three to 67 days. Thus, this value still remains clearly below the Swiss average of 81 days, held the home gate.
Trend remains unbroken
“The demand for single-family homes does not seem to apply the brakes,” said Peter Ilg of the HWZ in front of the media. This prices, despite a markedly higher rate of home ownership (nearly 40%), the 2014 introduced significant tightening of regulations on mortgage financing as well as record high home ownership.
In contrast, has weakened the demand for condominiums. Although the supply increased in the reporting period by 3 percent to 67’643 apartments. At the same time, the insertion period increased by 11 to 103 days.
For the boom in demand for single-family homes accounted for Ilg three reasons: firstly, in 2018 fell, the total economic real growth of 2.5 per cent as high as for the past eight years. “Secondly, the fears that the period of negative interest rates is soon to end, evaporated, and thirdly, the Saving is due to the low interest rates, as before, uninteresting,” said Ilg. (aru/sda)
Created: 04.04.2019, 14:12 PM
