Newsletter April 2020
Dear Real Estate Friends
Although the Swiss real estate market cannot escape the effects of the corona crisis, the latest studies by the major banks (ZKB, UBS, CS) show that home prices for the first quarter of 2020 are more robust than feared.
We too can confirm this: Real estate is being sold successfully in these difficult times. What is driving buyers? The central banks' expansive monetary policy means that inflation is likely to come. This is where real estate is a good safe investment.
However, we have noticed that only few new properties are coming onto the market. The sellers are waiting with the sale of real estate. This leads to a shortage of supply, which further supports the prices. Therefore, we recommend that "waiting" property owners take advantage of the good market situation and push the sale.
Sincerely yours
Claude Ginesta
