Switzerland has around 4.4 million homes. In 2000, 52,608 (1.49%) of them were vacant. By 2003, this number had dropped to 33,039, a vacancy rate of 0.91%. After fluctuating between this level and 1.07%, the rate started to climb in 2014 to its current rate of 1.30%, its highest level in 15 years. Before home hunters […]
Housing vacancy rates jump in some regions of Switzerland
Recent statistics from the Federal Office of Statistics (OFS) show a marked rise in housing vacancies. From 2010 until 2014, vacancy rates across Switzerland were below 1%. By 1 June 2014 the rate had crept up to 1.08 and by 1 June 2015 it was 1.19%, with 15 cantons registering rates over 1%. On 1 […]
Swiss property prices on the way down
Credit Suisse’s recent annual property report describes the downward forces on Swiss property prices and explains why a soft landing is not guaranteed. The report also looks at the cities and regions most at risk. Swiss franc shock Swiss real estate was already poised to head into the downward part of the property cycle before […]