Switzerland Construction Market Overview
Switzerland's residential construction market is currently contracting, with housing starts of 38K in 2023 — 19% below the 10-year average of 47K.
The country's recorded peak was 52K units in 2019. Current activity is -27% below that peak.
Among the 21 OECD countries tracked, Switzerland ranks #16 by total housing starts. Year-over-year change is -5.2%, reflecting declining permits and reduced construction activity.
For contractors working in Switzerland: A contracting market may create opportunities to negotiate better material pricing or lock in subcontractor rates.