Outlook Real Estate Market Q3 2025

The imputed rental value is an important component of Swiss real estate taxation. Homeowners pay tax on a fictitional rental income if they live in their own property. Renovation work can impact imputed rental value and one's tax burden – in both a positive and a negative way.

The rapid development of artificial intelligence (AI) influences global financial like markets unlike any other mega trend these days. AI drives innovation, investments, and expectations, accelerating not only stock prices of technology giants, but increasingly earnings expectations for the broad equity markets. Many companies are fueled by expectations that AI will improve their productivity, margins, and long-term growth opportunities.

The financial market keeps climbing, driven higher not only by fundamentals but by faith in technology, in policy pragmatism by central banks and governments, and in the idea that the easiest path remains the right one. Still, it may be prudent to pause and look around. Staying invested remains key and prudent advice but so is reassessing portfolio structure. Diversifying beyond the AI theme may prove the wiser route, not out of skepticism toward AI, but to ensure balance and resilience.