Sunday , May 5 2024
Home / SNB & CHF / Average annual inflation rate for residential property in 2020 was 2.5 percent

Average annual inflation rate for residential property in 2020 was 2.5 percent

Summary:
16.02.2021 – The Swiss residential property price index (IMPI) increased in the 4th quarter 2020 compared with the previous quarter by 2.3% and reached 103.1 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 3.1%. The average annual inflation rate for residential property in 2020 was 2.5%. These are some the results from the Federal Statistical Office (FSO). The average annual inflation rate of the IMPI for 2020 of 2.5% corresponds to the rate of change between the annual average for 2020 and that for 2019. The annual average is calculated as the arithmetic average value of the four quarterly indices of the calendar year. The prices of single-family houses increased last year on average by 2.8% and those of

Topics:
Swiss Statistics considers the following as important: , , ,

This could be interesting, too:

Alex J. Pollock writes How Does the Federal Reserve Fit into Our Constitutional Order?

Adnan Al-Abbar writes What Can Carl Menger Teach Us about Falafel Sandwiches?

James Bovard writes Biden Perpetuates Washington’s Idiotic Steel Trade Policies

Alex J. Pollock writes The Federal Reserve’s Capital Has Now Plummeted to Negative 1 Billion

16.02.2021 – The Swiss residential property price index (IMPI) increased in the 4th quarter 2020 compared with the previous quarter by 2.3% and reached 103.1 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 3.1%. The average annual inflation rate for residential property in 2020 was 2.5%. These are some the results from the Federal Statistical Office (FSO).

The average annual inflation rate of the IMPI for 2020 of 2.5% corresponds to the rate of change between the annual average for 2020 and that for 2019. The annual average is calculated as the arithmetic average value of the four quarterly indices of the calendar year. The prices of single-family houses increased last year on average by 2.8% and those of condominiums by an average of 2.2%.

In the fourth quarter of 2020 the increase of the IMPI compared with the previous quarter was 2.3%. The prices for both single-family houses (+1.5%) and condominiums (+3.1%) increased. Both market segments showed higher prices in all municipality types than in the previous quarter. The increase in prices for single-family houses was particularly marked in intermediary municipalities (+2.4%). The prices for condominiums increased most in the rural municipalities (+5.2%).

IMPI – Swiss Residential Property Price Index, Q4 2020

Average annual inflation rate for residential property in 2020 was 2.5 percent

- Click to enlarge

Download press release: Average annual inflation rate for residential property in 2020 was 2.5%


Tags: ,

Average annual inflation rate for residential property in 2020 was 2.5 percentDon’t miss posts anymore!
Subscribe to our newsletter!

Swiss Statistics
The Swiss Federal Statistics Office publishes information on the situation and developments in Switzerland in a multitude of fields and plays a part in enabling comparisons at an internal level.

Leave a Reply

Your email address will not be published. Required fields are marked *