The Swiss mortgage market witnessed subdued growth in 2024 due to rising costs and stricter regulations. +Get the most important news from Switzerland in your inbox This is the conclusion of the Mortgage Market Study 2024 published by MoneyPark. According to the study, the mortgage market in Switzerland grew by 2.6% or CHF32 billion last year. This means that growth was once again below the long-term average of 3%. According to MoneyPark, the cantonal banks once again secured the biggest slice of the cake, accounting for around 75% of overall growth. The mortgage volume at the Raiffeisen banks grew by 4.6% and that of the pension funds by 8%. By contrast, UBS bank lost almost CHF10 billion or 3.4% in volume. In addition, the financiers earned less with mortgages in 2024 than in the previous year and had to cope with a return to the level of 2022 after the record results of 2023. "However, this development was not driven by falling interest rates for borrowers, but by rising ...
