Building activities on the real estate market show no signs of weakness. During the last four quarters, a total of 59,000 building applications were submitted and 54,000 building permits granted. The first quarter of 2018 saw more construction permits granted than in the first quarters of the past three years. In the current year, new apartments will be built for up to 110,000 people across Switzerland.
In 2017, the Swiss population grew by almost 63,000 people (0.7 percent), which corresponds to the lowest growth in the last ten years. These numbers were taken from the provisional data of the Federal Statistical Office (FSO). The cantons of Neuchâtel and Ticino were most affected by the setback – their population even shrank a little. The strongest growth was measured in the cantons of Zug, Geneva and Thurgau.
Due to declining immigration and rising emigration, the net immigration only amounted to 51,000 people – a decrease of 30 percent, or 20,000 people, compared to 2016. Neuchâtel and Ticino even saw negative migration numbers.