Tag Archive: Property

Swiss rents and property prices up in 2022

2023-01-10

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2023-01-10

A sharp rise in rent in December 2022 (+1.1%) left the average Swiss rent 4.3% higher than at the beginning of 2022, according to the Swiss Real Estate Offer Index, published on 4 January 2023 by SMG Swiss Marketplace Group. This annual jump of 4.3% exceeds the annual CPI increase of 2.8% announced this week.

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No rise in Switzerland’s rent rate

2022-12-03

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2022-12-03

Every three months the rate of interest used to set the rents in Switzerland is reviewed. If it goes down some renters have the right to request a decrease in rent. If it goes up landlords can push up rents. This time the rate remained at 1.25%, however it looks set to rise next year.

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Swiss rents set to rise as much as 15 percent

2022-11-29

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2022-11-29

Close to half of renters is Switzerland could face significant increases in rent, estimates Zürich Kantonalbank (ZKB), with rents potentially rising as much as 15% over the next five years, reported the newspaper Blick.

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Bank predicts home rent rises in Switzerland

2022-11-11

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2022-11-11

According to the bank Raiffeisen, a future rental housing crisis is likely in Switzerland as the home vacancy rate moves below 1% in 2024, reported 20 Minutes.

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Swiss housing market tightens further in 2022

2022-09-20

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2022-09-20

Data published on 12 September 2022 show how the pool of available housing continues to shrink in Switzerland.

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Swiss government changes solar electricity rules

2022-06-07

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2022-06-07

On 2 June 2022, Switzerland’s parliament adopted two motions to accelerate the adoption of solar panels.

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No weakening expected in Swiss house prices

2022-01-10

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2022-01-10

The Swiss housing market continues to rise with no signs of weakening, reported RTS this week. According to the real estate platform immoscout24, the average price per m2 for a family home in Switzerland has risen from CHF 6,700 to CHF 7,200 over the last 12 months, a rise of 7%. Apartment prices have risen even further in some places.

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Number of vacant homes in Switzerland drops for first time in 12 years

2021-09-18

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2021-09-18

Finding a place to live in Switzerland is difficult. Home availability is low and prices are high. On 13 September 2021, the Federal Statistical Office published data showing a sharp drop in the number of vacant homes since 2020, a development that will make home hunting harder.

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Gold, Stocks & Commodities- A Complicated Correlation

2021-08-07

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2021-08-07

In our July 29 post titled How Gold Stacks Up Against Stocks, Property, Commodities and Big Macs! we showed readers charts of gold as a ratio to other assets and products. We discussed that gold competes with crypto and stocks for the investment dollars.

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Swiss home prices rose over the third quarter of 2020

2020-11-30

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2020-11-30

Over the third quarter of 2020, home prices in Switzerland rose by an average of 0.2%. However, the prices of some homes rose while others fell.

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New Swiss initiative to further restrict construction

2020-10-26

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2020-10-26

Land use is strictly governed in Switzerland. However, a new initiative, which aims to increase construction restrictions further, recently gathered enough signatures to qualify for a a popular vote.

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Rising numbers struggling to pay rent in Switzerland

2020-10-05

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2020-10-05

Nearly 44% of renters surveyed said that coming up with the money pay rent is now harder than it was before Covid-19, according to ASLOCA, a renters’ association.

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Immigration slowdown hits Swiss rents

2020-07-12

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2020-07-12

In 1999, Switzerland signed a deal with the EU allowing free movement of people between Switzerland and the bloc. The deal came into force in 2002. This led to a rise in immigration into Switzerland, which in turn eventually led to rising rents.

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Potential relief for some Swiss renters

2020-03-02

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2020-03-02

Every three months the rate of interest used to benchmark Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time the reference rate fell from 1.50% to 1.25%. The last time it dropped was 2 June 2017 when it fell to 1.5%. The rate is based on the average Swiss mortgage rate over three months.

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Swiss remain the richest in 2019

2019-10-27

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2019-10-27

According to a recent report by the bank Credit Suisse, the Swiss are worth more on average than the residents of any other nation. The bank’s annual Global Wealth Report calculates average net worth per Swiss adult to be US$ 564,653 (CHF 560,643) at mid-2019. The median figure was US$ 227,891 (CHF 226,273).

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Housing vacancies rise in 20 Swiss cantons

2019-09-13

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2019-09-13

Recent figures show an annual 4.2% rise in the number of vacant homes in Switzerland, extending a trend that started 10 years ago, according to the Federal Statistical Office. At the start of June 2019, there were 75,323 vacant homes, representing 1.66% of Switzerland’s total stock of homes.

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Steep drop in thefts in Switzerland

2019-04-06

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2019-04-06

Comparing 2018 to 2012, thefts in Switzerland fell by nearly half, according to the Federal Statistical Office. In 2012, there were a record 219,000 thefts recorded in Switzerland. By 2018, the figure had fallen to 112,000, a drop of 49%.

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Average Swiss rent barely rises over 7 years

2019-02-23

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2019-02-23

Recently published data show that close to 60% of households in Switzerland rented their home at an average cost of CHF 1,329 per month in 2017. Average monthly rents ranged from CHF 752 for a studio up to CHF 2,323 for 6 rooms or more.

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No Relief for Swiss Renters as Mortgage Rates Barely Move

2018-12-05

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2018-12-05

Apartments Zurich
Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time it remained at 1.50%. The last time it dropped was 2 June 2017 when it fell to 1.5%, its lowest level since 2008.

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Swiss Housing – the hardest and easiest places to find a home

2018-09-19

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2018-09-19

Horw
Recent government figures show a 13% rise in the number of vacant homes over the 12 months to June 2018. The number has more than doubled since 2009 when there were close to 35,000 vacant dwellings. By 1 June 2018, there were more than 72,000, a vacancy rate of 1.62%.

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