Global uncertainty drives prices up.

In uncertain times, different asset classes react very differently. Rising tariffs and the associated risk of inflation and recession usually have a negative impact on stock market prices, while gold investments can gain ground. “Investments in concrete”, i.e. real estate, also appear to be benefiting from rising prices, even if rental income often only generates low margins. At least, that is what the latest figures on real estate price trends from IAZI AG show. Geopolitical uncertainty is boosting demand on the Swiss real estate market, the company writes in its press release.

Watch the related market commentary by Donato Scognamiglio, Chairman of the Board of Directors of IAZI AG, on YouTube.

Uncertainties have a positive effect on all real estate investments

Whether residential property or investment properties, increased geopolitical and economic uncertainty is affecting all real estate submarkets in the form of rising demand and is likely to further fuel price growth in the coming months, writes IAZI. “Due to its stable conditions, Switzerland is once again acting as a safe haven for investors, which is why they are increasingly holding Swiss francs, driving up its value against other currencies such as the euro and the dollar. To ensure continued price stability, the Swiss National Bank has now lowered its key interest rates to zero percent.

Transaction prices rose by an average of 0.9 percent in Q2

The willingness to pay for residential property rose again in the second quarter of 2025, writes IAZI. Transaction prices increased by 0.9% on average across Switzerland, as shown by the “IAZI Private Real Estate Price Index”.