Switzerland

Housing is becoming increasingly expensive in Switzerland. Rents rose in almost all municipalities in Switzerland in the third quarter. This was strongest in the Zurich area.

In contrast, the upward price trend for residential property has slowed somewhat.

In around 85% of Swiss municipalities, rents for medium-quality flats rose by a good 3% in the third quarter of 2023 compared to the previous year, according to a Swiss Real Estate study published by bank UBS on Thursday. This corresponds to the strongest average increase in asking rents since 2008. ...