IAZI AG expects the super cycle of rising prices in the private residential property sector to slowly turn into a soft landing. The signs of a slowdown are firming up and the number of open-market transactions has fallen steadily since 2021, while the number of new transactions for mortgage loans has fallen by around a quarter since 2021, IAZI writes in its press release.
In the global marketplace for luxury real estate, just what does $1.5 million buy? That’s the question Luxury Defined, the online magazine of Christie’s International Real Estate, was answering in an article recently published.
According to IAZI AG, the Swiss real estate market shows no signs of weakness in the 3rd quarter of the current year. The evaluation of current freehold transactions shows that the willingness to pay for houses and flats has risen again, the company writes.
