The bleak economic outlook in the wake of the corona crisis is affecting the Swiss real estate market. According to the mortgage broker Moneypark, the risks are increasing.
The mortgage broker Moneypark, which belongs to the Helvetia Group, has identified an increasing risk trend in the Swiss real estate market. The corresponding real estate risk index now implies a medium risk, Moneypark announced on Monday. There is now reason to observe closely. But the rise does not reflect panic in the market.
The planned real estate purchases and sales could have largely been carried out in the first quarter of 2020. But in April, potential buyers deferred their purchase intentions.
The prices of owner-occupied residential property fell by 0.43 percent. As long as both the forecast of the duration of the corona crisis and the severity of the recession still belong to the realm of speculation, transactions on the real estate market are also likely to remain low.
– .
