The UBS Swiss Real Estate Bubble Index declined in the last quarter of 2017, the second quarterly decline in a row. Prices are considered balanced when the index reaches zero. Between zero and 1 is considered a price boom, between 1 and 2 is considered at risk and above 2 a bubble. At the end of 2017 the index sat at 1.32, still in the zone where there is a risk of a price correction. The recent fall was driven by slow...
Read More »Swiss real estate risk falls two quarters in a row, says UBS
The UBS Swiss Real Estate Bubble Index declined in the last quarter of 2017, the second quarterly decline in a row. © Denis Linine _ Dreamstime.com Prices are considered balanced when the index reaches zero. Between zero and 1 is considered a price boom, between 1 and 2 is considered at risk and above 2 a bubble. At the end of 2017 the index sat at 1.32, still in the zone where there is a risk of a price correction. The recent fall was driven by slow growth in mortgage lending (+2.6%),...
Read More »Swiss real estate risk falls two quarters in a row, says UBS
The UBS Swiss Real Estate Bubble Index declined in the last quarter of 2017, the second quarterly decline in a row. © Denis Linine _ Dreamstime.com Prices are considered balanced when the index reaches zero. Between zero and 1 is considered a price boom, between 1 and 2 is considered at risk and above 2 a bubble. At the end of 2017 the index sat at 1.32, still in the zone where there is a risk of a price correction. The recent fall was driven by slow growth in mortgage lending (+2.6%),...
Read More »Swiss fact: nearly half of Swiss rental properties owned by individuals
If you rent a home in Switzerland it is more likely to belong to an individual than a big real estate company or pension fund. © Kevkhiev Yury | Dreamstime.com - Click to enlarge In 2017, 49% of residential rental properties in Switzerland were owned by individuals, according to Statistics published by the Swiss Federal Statistical Office. The highest rate of rental home ownership by individuals was in the...
Read More »Swiss fact: nearly half of Swiss rental properties owned by individuals
If you rent a home in Switzerland it is more likely to belong to an individual than a big real estate company or pension fund. © Kevkhiev Yury | Dreamstime.com In 2017, 49% of residential rental properties in Switzerland were owned by individuals, according to Statistics published by the Swiss Federal Statistical Office. The highest rate of rental home ownership by individuals was in the Italian-speaking canton of Ticino (71%). The lowest rate was in the Lake Geneva region (41%). The...
Read More »Swiss fact: nearly half of Swiss rental properties owned by individuals
If you rent a home in Switzerland it is more likely to belong to an individual than a big real estate company or pension fund. © Kevkhiev Yury | Dreamstime.com In 2017, 49% of residential rental properties in Switzerland were owned by individuals, according to Statistics published by the Swiss Federal Statistical Office. The highest rate of rental home ownership by individuals was in the Italian-speaking canton of Ticino (71%). The lowest rate was in the Lake Geneva region (41%). The...
Read More »Swiss fact: nearly half of Swiss rental properties owned by individuals
If you rent a home in Switzerland it is more likely to belong to an individual than a big real estate company or pension fund. © Kevkhiev Yury | Dreamstime.com In 2017, 49% of residential rental properties in Switzerland were owned by individuals, according to Statistics published by the Swiss Federal Statistical Office. The highest rate of rental home ownership by individuals was in the Italian-speaking canton of Ticino (71%). The lowest rate was in the Lake Geneva region (41%). The...
Read More »Swiss rents could fall 10%, says UBS
In a report published today entitled: rents losing altitude, UBS says asking rents for apartments will probably drop by up to 10% over the next three years. © Rosshelen | Dreamstime.com - Click to enlarge Competition in the rental market is getting even fiercer. By mid-2017, 2.4% of all rental apartments were vacant. This level was last exceeded in 1998, when 2.8% of rental apartments stood empty, says the bank. Higher...
Read More »Swiss rents could fall 10%, says UBS
In a report published today entitled: rents losing altitude, UBS says asking rents for apartments will probably drop by up to 10% over the next three years. © Rosshelen | Dreamstime.com Competition in the rental market is getting even fiercer. By mid-2017, 2.4% of all rental apartments were vacant. This level was last exceeded in 1998, when 2.8% of rental apartments stood empty, says the bank. Higher rental vacancy rates, expected to hit an all time high of 3% in 2019, are driving down rents,...
Read More »Swiss rents could fall 10%, says UBS
In a report published today entitled: rents losing altitude, UBS says asking rents for apartments will probably drop by up to 10% over the next three years. © Rosshelen | Dreamstime.com Competition in the rental market is getting even fiercer. By mid-2017, 2.4% of all rental apartments were vacant. This level was last exceeded in 1998, when 2.8% of rental apartments stood empty, says the bank. Higher rental vacancy rates, expected to hit an all time high of 3% in 2019, are driving down rents,...
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