Overview

• Preliminary figures from the Federal Statistical Office show residential prices up 3.2% year over year and 1.1% quarter over quarter in Q2 2025.
• The increase extends a reversal that began in late 2024, following declines since Q4 2022, and comes after a 3.5% annual rise in Q1.
• Condominium prices rose across all regions, including +2.4% in the seven largest cities, +5.0% in other independent large cities, and +3.6% in sparsely populated rural districts.
• Prices for single‑ and two‑family houses increased in most areas, registering +3.9% in other large cities and +2.8% in sparsely populated rural districts, but slipped 0.2% in the top‑seven cities.
• Current gains remain far below the double‑digit annual jumps seen in 2021–22, and AFP cited a slightly higher Q2 year‑on‑year figure of 3.5% than the official 3.2%.