Homeownership in Nidwalden is and remains in high demand

About the job

In the past twelve months, the price increase of single-family homes in Nidwalden moved significantly above the Swiss average of 5.5 percent, at 7.8 percent. This growth has slowed down to 2.1 percent in the last half-year both in Nidwalden and throughout Switzerland. The reasons are likely the Swiss National Bank's interest rate adjustments and the looming energy crisis.

Notably, these external factors currently seem to have little influence on the price development of single-family homes. Within the last year, the growth rate in Nidwalden was 10.2 percent, well above the national average of 6.7 percent. The drivers are the consistently high demand and further immigration from within Switzerland and abroad.

In comparison, the value of condominiums in Nidwalden increased more moderately by 6.5 percent, but still stronger than the nationwide view (4.0 percent). Although condominiums come on the market more frequently, the supply is extremely low. The vacancy rate in Nidwalden is currently around 0.8 percent.

According to real estate experts at IAZI AG, the price dynamics for single-family homes are expected to weaken somewhat due to the current economic and geopolitical situation. However, they do not expect a price crash in the Nidwalden real estate market, as demand continues to rise while supply remains tight.

NKB Single-Family Home Index

On behalf of NKB, the real estate consulting company IAZI AG (Information and Training Center for Real Estate) compiles the NKB Single-Family Home Index semi-annually. The basis for the index calculation is anonymized data on actual transactions provided to IAZI AG. The report is available online.

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