After increasing for three quarters in a row, residential property prices in Switzerland fell during the first quarter of 2024, according to data from the Federal Statistical Office (FSO).
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The Swiss residential property price index (IMPI) fell by 1.0% in the period from January to March 2024. At the same time prices remained 1.5% higher than they were a year earlier.
The prices of both apartments (-1.3%) and single-family homes (-0.7%) contributed to the decline in the overall index compared to the…