ZKB Forecast 2026: Stability and Strategic Opportunities in Swiss Real Estate
ZKB predicts 0% interest rates until end of 2026 and moderate price growth, favoring urban centers like Zurich.
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The Zürcher Kantonalbank (ZKB) has released its real estate forecast for 2026, painting a picture of stability and calculated growth for the Swiss market.
Key Insights for Investors
* Interest Rate Stability: ZKB forecasts the SNB policy rate to remain at 0% through the end of 2026. This creates a predictable financing environment for buyers.
* Moderate Price Growth: Home prices are expected to rise by approximately 4.5%, driven by structural supply shortages rather than speculative bubbles.
* Urban Focus: The gap between new construction and existing properties is widening. Urban centers like Zurich remain the primary beneficiaries of this trend, with demand outstripping supply.
Strategic Implications
For those targeting low-tax regions, this environment favors decisive action. The combination of low financing costs and steady appreciation makes 2026 a year for strategic acquisition rather than waiting for a market correction that is unlikely to materialize.