Swiss rents expected to keep rising owing to low vacancy rates
According to UBS, the increasing housing shortage will continue to drive the rise in rents.
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: Swiss rents expected to keep rising owing to low vacancy rates
Hardly any vacant rental flats exist in Switzerland. Although the decline in vacancies has slowed this year, it is likely to continue next year, according to UBS. As a result, rents are expected to continue to rise.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
UBS rechnet wegen tiefer Leerstände mit weiter steigenden Mieten
Original
The Federal Statistical Office announced this week that there were just under 52,000 vacant flats across Switzerland at the beginning of June. This results in a vacancy rate of 1.08%, compared with 1.15% a year ago.
As Swiss bank UBS writes in an analysis on Friday, the vacancy rate is likely to fall further to around 1% in 2025.
Even if the momentum has slowed, the number of empty apartments is unlikely to bottom out in the coming quarters, UBS economists are convinced. Immigration has weakened only slightly at a very high level and the trend in building permits does not suggest a significant increase in housing production for the time being.
According to UBS, the increasing housing shortage will continue to drive the rise in rents. The economists estimate that asking rents will be 4% higher at the end of 2024 than in the previous year. And housing will continue to become much more expensive in the years to come. UBS expects rents to rise by 3% in 2025.
Translated from German by DeepL/ts
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
Popular Stories
More
Foreign Affairs
In Switzerland four out of ten people have a migrant background – who are they?
Train vs plane: would you take a direct train between London and Geneva?
Eurostar is planning to run direct trains from Britain to Germany and Switzerland from the early 2030s. Would you favour the train over the plane? If not, why not?
Porrentruy mayor comments on Swiss pool ban controversy
This content was published on
The mayor of the Swiss town of Porrentruy, which has been in the headlines in neighbouring France after restricting access to a pool to locals after a spate of anti-social behaviour, says he has received much support in recent days.
Swiss universities to release multilingual AI programme
This content was published on
This summer researchers at Swiss universities will make available a large language model (LLM), an AI programme trained on vast amounts of data, developed on public infrastructure.
This content was published on
After a one-year test phase, Zurich's cantonal police are introducing an online police station. Demand is high and the response from the public has been positive.
This content was published on
The chic resort of St Moritz in southeastern Switzerland has registered "summer" as a trademark under the name "St Summer". The resort in canton Graubünden is launching a campaign to strengthen its summer business.
Swiss authorities detail progress on station access for people with reduced mobility
This content was published on
The Federal Office of Transport (FOT) said on Wednesday that 43 stations had been adapted for people with reduced mobility last year. The vast majority of rail travellers (82%) now benefit from easier access to stations, it says.
This content was published on
The prices of homes and apartments in Switzerland rose again in June. In the Lake Geneva region, prices of detached houses rose sharply. Meanwhile, in Zurich and its surrounding region the opposite trend was observed.
Crowded airports expected in Switzerland this summer
This content was published on
Switzerland's main airports are preparing for a busy summer holiday period. A number of changes have been introduced to improve passenger flows that are expected to be well above average in July and August.
Zurich police arrest 38 football and hockey fans after violent incidents
This content was published on
Zurich police have investigated 48 cases of fan violence at stadiums in the Swiss city since last autumn and arrested a total of 38 people, Swiss public television, SRF, reports.
Cashflow problems affect UN Human Rights Council activities
This content was published on
Certain activities of the Geneva-based United Nations Human Rights Council cannot be carried out in 2025-2026 due of the ongoing cash crisis affecting the UN.
Plaintiffs take Khaled Nezzar case to European Court of Human Rights
This content was published on
Two plaintiffs in a serious war crimes case against former Algerian Defence Minister Khaled Nezzar have filed an appeal with the European Court of Human Rights.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.