{"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:\/\/stage.immo-invest.ch\/en\/raiffeisen-sieht-schwaechere-preisdynamik-bei-immobilien\/","title":{"rendered":"Raiffeisen sees weaker price momentum for property"},"content":{"rendered":"<p class=\"bodytext\"><a href=\"https:\/\/www.raiffeisen.ch\/rch\/de.html\" target=\"_blank\" rel=\"noopener\">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 <a href=\"https:\/\/www.raiffeisen.ch\/rch\/de\/ueber-uns\/news\/rch\/transaktionspreisindex-q2-2024.html\" target=\"_blank\" rel=\"noopener\">press release<\/a>, &ldquo;price momentum is not expected to pick up again any time soon&rdquo; due to the persistently high interest rates compared to the low-interest phase, says Fredy Hasenmaile, Chief Economist at Raiffeisen Switzerland.<\/p>\n<p class=\"bodytext\">The financial experts are currently observing the strongest price increases for single-family homes in city centres or tourist regions. &ldquo;The price trend on the owner-occupied property market is weakening further with the descent from the interest rate peak,&rdquo; says Hasenmaile.<\/p>\n<p class=\"bodytext\">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<p class=\"bodytext\">The index is compiled quarterly and is published at the beginning of each quarter. It is based on <span class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Real Estate&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Engl. f&uuml;r Immobilien&lt;\/div&gt;\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">real estate<\/span> transaction data from Raiffeisen and the Swiss <span class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Real Estate&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Engl. f&uuml;r Immobilien&lt;\/div&gt;\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Real Estate<\/span> Datapool<a href=\"https:\/\/www.sred.ch\/\" target=\"_blank\" rel=\"noopener\">(SRED<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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,"_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,"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"],"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":"","bild_im_grid":false,"gallerie":"","newsim":"","zusammenfassung":""},"featured_image_src":"https:\/\/stage.immo-invest.ch\/wp-content\/uploads\/2024\/07\/Unbenannt-15-336x168.png","_links":{"self":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/posts\/106929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/comments?post=106929"}],"version-history":[{"count":0,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/posts\/106929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/media\/106924"}],"wp:attachment":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/media?parent=106929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/categories?post=106929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/tags?post=106929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}