Market report · September 2026Rising
RandaSwitzerland

Randa residential real estate market report for September 2026. Nationally, house prices in Switzerland were rising, up 4.7% from a year earlier in Q1 2026 (+1.5% quarter on quarter). The pace of annual growth is accelerating. The Swiss National Bank’s policy rate stood at 0.00% in August 2026, unchanged from a year earlier.

September 2026 at a Glance

House prices · Switzerland
+4.7% YoY
+1.5% QoQ · Q1 2026
Momentum
Accelerating
+4.7% now vs +3.9% a quarter earlier
Policy rate
0.00%
On hold over 12 months · August 2026

House Prices and Trends

City-level transaction prices for Randa are not released as open data, so the national index for Switzerland serves as the benchmark here. Read local listings against that backdrop.

The national house price index for Switzerland rose 4.7% year on year in Q1 2026 and was +1.5% against the previous quarter, according to Eurostat, House price index (prc_hpi_q). A year earlier the annual rate was +4.1%, so growth has held broadly steady over twelve months. Recent quarters show the pace building rather than fading.

Quarter Prices YoY Prices QoQ
Q4 2024 +2.4% +1.8%
Q1 2025 +4.1% +0.7%
Q2 2025 +5.0% +1.9%
Q3 2025 +5.2% +0.8%
Q4 2025 +3.9% +0.5%
Q1 2026 +4.7% +1.5%

House price index, % change year on yearQ2 2024+1.4%Q3 2024+1.7%Q4 2024+2.4%Q1 2025+4.1%Q2 2025+5.0%Q3 2025+5.2%Q4 2025+3.9%Q1 2026+4.7%

Financing and Interest Rates

The Swiss National Bank’s policy rate was 0.00% in August 2026 (BIS, Central bank policy rates). With policy on hold, financing conditions have been stable, and price direction is being driven by supply and income growth rather than credit.

Reading the Trend

Rising

Steady, mid-single-digit price growth points to a healthy but not overheated market in Randa. Well-priced property is moving; overpriced stock is not.

What to watch next month

  • The next quarterly release of the house price index for Switzerland (Q1 2026 is the latest) — whether annual growth keeps accelerating.
  • Upcoming decisions by the Swiss National Bank — any move from 0.00% feeds through to mortgage pricing within weeks.

What This Means for Buyers, Sellers and Investors

Buyers

The market is moving but not running away; there is time for due diligence, and properties that have sat unsold for months are where discounts appear.

Sellers

Well-presented property at a realistic price attracts multiple viewings; unrealistic asking prices are being ignored.

Investors

With rates steady, returns depend on rental growth and purchase discipline rather than on financing.

Sources

Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.

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