Keystone-SDA
The rents offered in Switzerland practically stagnated in July, a sign of relaxation of the market corroborated by long -term prospects, said Thursday the Homegate real estate platform. However, not all cantons are housed in the same brand.
(Keystone-ATS) Last month, the rent index calculated by Homegate and the Cantonal Bank of Zurich grabbed 0.1% over a month to 130.9 points. The barometer recorded an increase of 1.7% at an annual rate.
Since the beginning of the year, rents have increased by 1.3%, an increase reduced by half compared to the same period of 2024.
Cantonal disparities are confirmed in July. The highest increase compared to 2024 is recorded in Schwyz (+3.5%) and in certain regions of Eastern Switzerland. The rents offered in Graubünden, in Glaris and in the two Appenzells have increased by 2.5%, noted the press release.
In the city of Zurich, Homegate notes an increase of 1.7%, against 1.8% in Lucerne and 1.4% in Bern and Lugano.
According to the online real estate portal, we must expect a “moderate increase” of prices in the month and years to come. “The impulses generated by the construction activity should not be enough to counter the current development of rents,” according to Martin Waeber, real estate manager with SMG Swiss Marketplace Group, who owns Homegate.
“In the first five months of 2025, net immigration to Switzerland was 11% lower than that recorded during the same period in 2024. The downward trend continues,” adds Waeber. The specialist says immigration has had an impact on the evolution of rents.
This slowdown is however to be put into perspective: since July 2020, the market has experienced a “remarkable” push, an increase of 14% of the rents offered in five years. In the canton of Zurich, the flight reaches 21%.