The new IAZI real estate price index for the second quarter of 2026 shows a significant acceleration in the market for investment properties. Apartment buildings and mixed-use residential and commercial properties became more expensive by 1.3 percent in three months, and even by 4.3 percent year-on-year. This means that investment properties have overtaken classic residential property, which increased more slowly over the same period. The upward pressure comes from a combination of persistently low interest rates, growing capital market uncertainty, and a tight supply situation.

On June 14, 2026, voters rejected the people's initiative 'No 10-Million Switzerland' with 54.8 percent voting no. Both people and the council of states spoke out against it, meaning population growth remains on its previous trajectory. For the Swiss real estate and mortgage market, this removes a significant downward risk.