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Advertised rents rose again in October. This is shown by the Swiss Real Estate Offer Index, collected by the Swiss Marketplace Group (SMG) in collaboration with the real estate consultancy IAZI. Specifically, asking rents rose by 0.4 percent last month, bringing the increase to an impressive 2.7 percent over a year.
Depending on the region, the course varies from the national average. The increase was above the national average in eastern Switzerland (+1.1%), the Zurich region (+0.8%), northeastern Switzerland (+0.7%) and the Lake Geneva region (+0.5%), Mittelland said. However, rental prices fell in Central Switzerland (-0.6%) and Ticino (-0.7%).
Different developments for private houses
When it comes to private residences, the situation is different now. After a brief hiatus in the previous month, condominium listing prices increased sharply again in October by +0.7 percent. In contrast, prices for detached houses fell slightly (-0.3%).
The prices charged for these types of home ownership also differ on an annual basis: condominium prices increased significantly (+2.1%), while no further increase was recorded for detached houses (-0.2%).
The Swiss Real Estate Offer Index is an index that shows in real time the evolution of bid prices and offered rents for residential properties. It is collected in collaboration between SMG and the online real estate marketplace ImmoScout24 and the real estate consultancy company IAZI. (SDA)
Source : Blick
I am Dawid Malan, a news reporter for 24 Instant News. I specialize in celebrity and entertainment news, writing stories that capture the attention of readers from all walks of life. My work has been featured in some of the world’s leading publications and I am passionate about delivering quality content to my readers.
