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Property Prices in Switzerland: Apartment Price Index (2015=100)

Switzerland

Source: Swiss National Bank

House prices in Switzerland, % change 1 yr

Nominal and inflation-adjusted ('real')

Switzerland

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2023-0.26%0.47%-0.46%1.25%
2022-0.28%-0.46%0.35%1.08%
20210.26%-0.08%-0.05%-0.25%
2020-0.43%-0.16%0.4%1.29%
2019-0.59%-1.75%0.31%0.89%
2018-1.11%-1.28%0.04%-0.24%
2017-0.12%-0.44%-0.87%-0.28%
20160.67%-0.93%1.46%0.19%
20151.65%0.4%0.59%0.36%
20141.01%0.24%0.73%-0.08%
20131.27%-0.05%1.04%0.26%
20122.29%-2.02%3.1%0.93%
20111.05%0.01%1.42%3.4%
20101.47%0.37%1.66%1.3%
20093.44%1.14%1.96%0.39%
20080.84%-0.15%0.88%1.33%
20071.43%-1.27%0.99%-0.07%
20060.63%-1.52%2.17%0.14%
20050.81%0.4%1.66%-1.56%
20040.81%1.25%1.03%-1.76%
20032.05%0.66%1.96%-1.66%
20022.66%1.21%3.21%0.73%
20011.72%-0.13%2.59%0.36%
20000.14%1.84%-0.92%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.