Optimism despite poor economic forecasts
The Swiss Real Estate Sentiment Index has been measuring the mood among property investors since 2012. Market participants’ price expectations are the main reason for the highest increase since the index began. Almost all participants expect property prices to rise – especially in the residential segment and, for the first time in a long time, for office space. The price trend for commercial and retail space is still expected to be slightly negative. At the same time, the sector is rather pessimistic about the overall economic situation.
Price boom in all locations
Price expectations for residential property reached a new high of 131 points. Around 94% of respondents expect a slight to strong price increase. Remarkable: For the first time, the price forecasts are also positive for peripheral locations. Expectations are particularly optimistic for the regions of Zurich, Central Switzerland and the Lake Geneva region.
Industry also sees risks
The experts see strict regulation as the biggest challenge – it achieved the highest score ever measured in this year’s survey with 2.5 out of 3 points. In second place is the economic environment in Europe, which is also seen as a risk (2.0 points). Other risks such as payment defaults or interest rate trends play a smaller role.
Conclusion: Despite macroeconomic uncertainties, the Swiss property sector is very optimistic about the coming 12 months. There is a particularly strong belief that prices will continue to rise – even in locations that have previously been less in the spotlight.
Source: Real Estate Move, “Swiss Real Estate Sentiment Index is at its highest level”, 14 October 2025
