{"id":41274,"date":"2022-07-04T11:28:00","date_gmt":"2022-07-04T09:28:00","guid":{"rendered":"https:\/\/www.immo-invest.ch\/?p=41274"},"modified":"2022-07-04T11:28:05","modified_gmt":"2022-07-04T09:28:05","slug":"turnaround-in-interest-rates-not-curbing-rise-in-real-estate-prices-for-the-time-being","status":"publish","type":"post","link":"https:\/\/stage.immo-invest.ch\/en\/turnaround-in-interest-rates-not-curbing-rise-in-real-estate-prices-for-the-time-being\/","title":{"rendered":"Turnaround in interest rates not curbing rise in real estate prices for the time being"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Will the <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> price rally in Switzerland come to an end with rising interest rates? In June there were no signs of a turnaround, at least on the supply side. On the contrary: sellers of condominiums increased their price expectations by a further 1.1 percent within a month. Providers also demanded higher prices for single-family homes in June. However, the surcharge is somewhat lower at 0.3 percent, as shown by 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> Offer Index, which is compiled by the SMG Swiss Marketplace Group in cooperation with the <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> consulting company IAZI.<br> It remains to be seen whether the willingness to pay will continue to follow the rising price expectations. This does not seem out of the question, as mortgage costs are by no means the only criterion when buying a home. In addition, unlike Fix mortgages, money market mortgages are still available at extremely attractive conditions. Since prospective buyers already have to demonstrate that they can cope with a mortgage interest rate of around 5 percent due to the applicable affordability rules, a collapse in demand is not to be expected.<br><br> <strong>Unchanged rents in June<\/strong><br> The rental prices offered in advertisements hardly changed at 0.1 percent in June. Asking rents are primarily influenced by the direct demand for living space. This is in contrast to existing tenancies: there could be increases due to the fact that tenancy law is linked to the reference interest rate and general <span class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Inflation&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Anstieg des Preises von G&uuml;tern und Dienstleistungen, der gleichzeitig einen Schwund der Kaufkraft verursacht&lt;\/div&gt;\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">inflation<\/span>. &ldquo;The high energy prices are likely to have a far greater impact on asking or existing rents than rising interest rates. Not least in the case of old buildings, these will lead to a significant increase in ancillary costs,&rdquo; says Martin Waeber, Managing Director <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>, SMG Swiss Marketplace Group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Die steigenden Leitzinsen verteuern Hypotheken und reduzieren die Attraktivit\u00e4t von Immobilieninvestitionen. Dies k\u00f6nnte sich negativ auf die Nachfrage auswirken. Bei den Haus- und Wohnungspreisen ist derzeit aber keine Trendwende zu erkennen, wie der Swiss Real Estate Offer Index zeigt. <\/p>\n","protected":false},"author":2,"featured_media":41269,"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":[12481,22305],"tags":[17901,17403,12525,12526,25363,12528,25364,12567,30540],"class_list":["post-41274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-en","category-switzerland","tag-iazi-en","tag-immobilieninvestitionen-en","tag-immoinvest-en","tag-immonews-en","tag-martin-waeber-en","tag-news-en","tag-smg-swiss-marketplace-group-en","tag-swiss-real-estate-offer-index-en","tag-zinswende-en"],"acf":{"bild_mit_ki_erstellt_worden":[],"lead":"Rising interest rates are making mortgages more expensive and making real estate investments less attractive. This could have a negative impact on demand. However, there are currently no signs of a trend reversal in house and apartment prices, as the Swiss Real Estate Offer Index shows.","autor":"Quelle: SMG\/IAZI, Swiss Real Estate Offer Index","ort":"Schweiz","bildunterschrift":"","bild_im_grid":false,"gallerie":"","newsim":"","zusammenfassung":""},"featured_image_src":"https:\/\/stage.immo-invest.ch\/wp-content\/uploads\/2022\/07\/Bilder_immoNews1-336x168.jpg","_links":{"self":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/posts\/41274","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=41274"}],"version-history":[{"count":0,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/posts\/41274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/media\/41269"}],"wp:attachment":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/media?parent=41274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/categories?post=41274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/tags?post=41274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}