The property valuation company IAZI is convinced that the Swiss National Bank’s reduction of the key interest rate by 0.5 per cent to 0.5 per cent will have a positive effect on the property market. The easing of monetary policy makes sense, as inflation has once again been lower than expected since the SNB’s last assessment of the situation.
In an interview recently published on the ZKB blog, Ursina Kubli, Head of Property Research at Zürcher Kantonalbank, answered the most important questions about the possible abolition of imputed rental value.
According to the IAZI, the Swiss property market is not yet showing any signs of a correction; residential property prices are continuing to rise. While existing rents are likely to fall slightly again, asking rents in urban centres and tourist regions are rising sharply.
