Skip to main content
  1. Market Insights
  2. Financial
  3. Real Estate
  4. Residential Real Estate

Residential Real Estate Transactions - Switzerland

Switzerland
  • In Switzerland, the market segment of Residential Real Estate Transactions market is anticipated to witness a significant growth in the coming years.
  • By 2024, the transaction value is projected to reach a staggering US$39.72bn.
  • This growth is expected to continue with an annual growth rate (CAGR 2024-2029) of 4.14%.
  • As a result, the market volume is estimated to reach an impressive US$48.65bn by the year 2029.
  • Switzerland's residential real estate market is experiencing a surge in demand due to its stable economy and reputation for safe investments.

Definition:

Residential real estate transactions refer to the buying, selling, or transfer of ownership of residential properties such as single-family homes, condominiums, townhouses, and apartments. These transactions involve a number of steps and parties, including buyers, sellers, real estate agents, attorneys, lenders, and title companies.

Additional information:

The KPIs covered in this market are the real estate transactions revenue and the average revenue transaction value.

In-Scope

  • Overall revenue generated by residential real estate transactions

Out-Of-Scope

  • Commercial real estate transactions
  • Revenue of real estate agencies
  • Revenue of construction companies
Residential Real Estate: market data & analysis - Cover

Market Insights report

Residential Real Estate: market data & analysis

Study Details

    Volume

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Residential Real Estate Transactions market in Switzerland is experiencing several trends and developments that are shaping its current landscape.

    Customer preferences:
    Switzerland has always been known for its high quality of life and stunning natural beauty, which attracts both domestic and international buyers to its residential real estate market. Customers in Switzerland value properties that offer a combination of modern amenities, proximity to nature, and convenient access to urban centers. Additionally, there is a growing demand for sustainable and energy-efficient homes, as environmental consciousness is becoming increasingly important to customers.

    Trends in the market:
    One noticeable trend in the Swiss residential real estate market is the increasing popularity of urban living. Many buyers are looking for properties in major cities like Zurich, Geneva, and Basel, where they can enjoy the vibrant cultural scene, excellent infrastructure, and job opportunities. This trend is driven by the desire for convenience and the ability to live close to work, schools, and entertainment options. Another trend in the market is the rise of luxury properties. Switzerland has long been a favorite destination for wealthy individuals seeking privacy and exclusivity. As a result, there is a growing demand for high-end homes and luxury apartments in prestigious locations. These properties often come with top-notch amenities such as private spas, concierge services, and breathtaking views.

    Local special circumstances:
    Switzerland's unique geography and limited land availability play a significant role in shaping the residential real estate market. The country's mountainous terrain restricts the availability of developable land, leading to higher property prices, particularly in desirable areas. This scarcity of land also contributes to the demand for compact and efficient living spaces, as developers and buyers try to optimize the use of available space.

    Underlying macroeconomic factors:
    Switzerland's stable economy and strong currency make it an attractive destination for real estate investment. The country has a robust financial sector and a low unemployment rate, which instills confidence in both domestic and international buyers. Additionally, Switzerland's strict regulations and high construction standards ensure that the residential real estate market maintains its value and quality over time. In conclusion, the Residential Real Estate Transactions market in Switzerland is driven by customer preferences for urban living, luxury properties, and sustainable homes. The limited availability of land and the country's stable economy also contribute to the market's development. As Switzerland continues to attract buyers with its high quality of life and natural beauty, the residential real estate market is expected to remain strong and desirable.

    Transaction Value

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Real Estate Type

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Living Space

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    Figures are based on total and average revenue of residential real estate transactions (sales).

    Modeling approach:

    Market size is determined by a bottom-up approach. We use national statistics, international organizations, and industry associations to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country specific industry associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita.

    Forecasts:

    We use a variety of forecasting techniques, depending on the behavior of the market, for instance, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.

    Additional Notes:

    Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war considered at a country-specific level.

    Financial

    Access more Market Insights on Financial topics with our featured report

    Residential Real Estate: market data & analysis - BackgroundResidential Real Estate: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Global housing market - statistics & facts

    The global housing market has slowed amid high inflation and soaring borrowing costs. Homeownership is one of the most universal signs of success and prosperity: It serves both as a source of stable and secure housing and a long-term investment. After the global financial crisis, property prices rose in many countries and especially in advanced economies. For more than a decade after that, the housing market has been on an upward trajectory, culminating in the housing boom during the COVID-19 pandemic. However, housing shortages in highly competitive markets, the recent rapid house price growth, soaring inflation, and consequently, some of the highest mortgage interest rates recorded in the past 10 years have led to the market cooling.
    More data on the topic

    Explore more high-quality data on related topic

    Residential real estate in Europe - statistics & facts

    Soaring inflation and aggressive mortgage interest rate hikes cooled the European housing market after a nearly decade-long period of growth. Since 2015, house prices in the European Union have grown by about 50 percent. When inflation in Europe started to rise at an alarming rate in 2021, the European Central Bank increased interest rates, resulting in substantially higher mortgage interest rates and a decline in homebuying. But how important is homeownership for Europeans?
    More data on the topic

    Explore more high-quality data on related topic

    Residential real estate in India - statistics and facts

    Generally considered the third key pillar of the food, clothing, and shelter trinity popularized in India over generations, owning a home is still prioritized as a measure of financial security by a vast majority of the Indian population. The COVID-19 pandemic with its successive lockdowns and restrictions to stay within the confines of one’s home, further reinforced this vision. India’s growing urban population, rising household incomes, and decade-long low-interest rates have been propelling the demand for residential units, driving up the sales volume. Even though the residential real estate sector was severely hit in 2020, it marked a strong recovery in consecutive years, crossing pre-COVID sales figures.
    More data on the topic

    Contact

    Get in touch with us. We are happy to help.