In Switzerland, rents for apartments on the market continued to rise in October. However, there were clear differences in the individual cantons.
Across Switzerland, rents for new and re-rentable apartments - the so-called asking rents - rose by 0.4% in October compared to the previous month, according to the Homegate rent index published on Monday. The index advanced by 0.5 points to 123.8 points. On an annual basis, asking rents rose by an average of 4% in October in Switzerland.
There were clear differences in the development of rental prices in the individual cantons. According to Homegate, the changes compared to September ranged between minus 0.5 and plus 2.9%. Rents rose particularly strongly in October in the cantons of Glarus (+2.9%), Schaffhausen (+2.3%) and Uri (+1.8%), while Obwalden and Nidwalden (both -0.5%) ) and Schwyz (-0.3%) recorded declines. ...