Low Tax, High Demand: Zurich Real Estate Prices Up 3.2% in 2025
Despite slower migration, the Canton of Zurich sees continued price growth, driven by low interest rates and strong demand in rural municipalities.
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The latest ZKB Immobilienbarometer for the 4th Quarter of 2025 confirms what many prospective buyers in low-tax regions already suspect: demand remains robust, and prices are still climbing.
Key Findings:
* Steady Growth: Residential property prices in the Canton of Zurich rose by 0.3% in the final quarter of 2025.
* Annual Increase: Year-over-year, the Zürcher Wohneigentumsindex (ZWEX) climbed by 3.2%.
* Rural Appeal: The strongest growth was recorded in the "Land" regions (rural municipalities), where prices jumped by 4.2%.
* Market Drivers: ZKB attributes this trend to the continued low-interest-rate environment, which keeps financing attractive despite a 17% drop in net migration compared to the previous year.
For buyers targeting low-tax municipalities, this data underscores the importance of acting decisively. The "Land" regions—often home to attractive tax rates—are seeing the highest appreciation, making them not just a tax-efficient choice, but a solid investment.