SHARE
COPY LINK

BUSINESS

Zurich property prices have almost doubled since 2007

A new report shows the increase in the cost of buying apartments in Switzerland over the last 11 years, with the country’s largest city affected by the largest increases.

Zurich property prices have almost doubled since 2007
Zurich's old town at night. Photo credit: FABRICE COFFRINI / AFP

The price comparison firm Comparis and ETH Zurich have released a report showing the difference in Swiss property prices compared to 2007. In Zurich, it now costs almost double (a 97% increase) to buy an apartment, with the price per square metre now setting property owners back an average of 13,000 Swiss francs.

The analysis shows that there has been a lot of variation between different parts of Switzerland, but the areas with the biggest spikes tended to be near to lakes. Nine of the ten largest increases were seen in lake regions.

After Zurich, the biggest changes were experienced by Horgen district (+89%), the canton of Nidwalden (+82%) and the city of Neuchatel (+80%). The only place where prices fell was the district of Goms in Canton Valais, southern Switzerland (-2%).

The report also shows the difference in overall prices between different parts of Switzerland. At the other end of the spectrum from Zurich is Le Locle in Canton Neuchatel, where one square metre costs an average of 3,250 francs.

Over the last 12 months, the rate of increase has slowed, with several districts and municipalities recording lower prices than one year ago. It is unclear whether this deceleration will represent a long-term trend.

 

For members

ZURICH

REVEALED: What are Zurich’s most popular baby names?

Zurich’s most popular baby names from 2021 have been revealed. A strong trend towards short names has emerged - and there’s barely an Urs or Ursula in sight.

REVEALED: What are Zurich’s most popular baby names?

On Thursday, Zurich council published its list of most popular baby names in 2021. 

During 2021, 5,251 babies were born across the canton, which is Switzerland’s most populous. 

On top of the list for boys was Noah, with 27 of the boys born last year receiving the biblical name. 

The leader for the girls was a little more controversial, with two different names laying claim to the crown. 

While 28 of the girls born in Zurich last year were called Olivia, there were 44 girls born in total with a variation of Sophia/Sofia. 

REVEALED: The most popular baby name in each Swiss canton

Short names dominated both lists, with Emma, Anna, Ella and Mia ranking high for girls, alongside Leo, Louis and Theo for boys. 

Another trend is that diversity is on the slide in Zurich, with fewer names given than in previous years. 

Swiss tabloid Blick reports that while 15 years ago there were 62 different names for every 100 people, there were less than 50 (48 for girls and 47 for boys) in 2021. 

Middle names are also on the rise in Switzerland, with 57 percent having one in 2021 compared to 48 percent in the 1990s. 

How does this compare to Switzerland? 

Although the 2021 figures haven’t been released for Switzerland, those from 2020 showed Noah was popular across the country as the favourite boys name. 

Olivia however was not even in the top five for girls names in Switzerland, where Mia, Emma and Mila were the most popular. 

Much like pretty much everything in Switzerland, there are significant differences between linguistic regions. 

In total, there were 461 Mias born in Switzerland last year, followed by 407 Emmas and 350 Milas.

Switzerland saw 507 Noahs born last year, followed by 372 Liams and 359 Matteos.

Mia and Noah are the most popular names in German-speaking Switzerland as well as in the country as a whole, which is of course helped by the fact that around 60 percent of Switzerland speaks German.

French-speaking Switzerland, also known as Romandie, saw Gabriel and Emma top the charts in 2020.

Sofia claimed top prize in the Italian-speaking part of the country, while Leonardo was far and away the biggest winner among the boys.

The situation is slightly different among Switzerland’s foreigners, with many opting to stick with names popular in their home countries, rather than those in Switzerland. 

READ MORE: What are the most popular baby names among foreigners in Switzerland?

SHOW COMMENTS