Adjusted asking rents rise slightly
Asking rents rose slightly in September compared to August. This is shown by the current quality-adjusted rental price index from homegate.ch and Zürcher Kantonalbank. The largest increase was registered in the canton of Graubünden, at just under 3.7 percent.
The monthly rent index compiled by the digital real estate marketplace homegate.ch from TX Group in cooperation with Zürcher Kantonalbank rose by 0.2 percent to 115.7 points across Switzerland in September compared to August, explains homegate.ch in a corresponding message . An increase of 0.8 percent has been observed over the past twelve months. In the individual cantons and cities, the index analysts observed different developments on a monthly basis.
In some cantons, the changes compared to the previous month were stronger than usual, according to the announcement. The analysts observed the strongest increase in asking rents at 3.69 percent in Graubünden. But asking rents in Nidwalden and Uri also rose by a high 1.69 and 1.38 percent, respectively. In the cantons of Zug and Neuchâtel, on the other hand, asking rents were 1.25 and 1.21 percent lower than in August. With the exception of Lugano (+1.72 percent), the analysts recorded rather minor changes in the cities compared to the previous month.
“The moving month of September was not only an active time for those moving, the asking rents also reflected this”, Fabian Korn from homegate.ch is quoted in the message. “It will be exciting to see how this will develop with the falling temperatures.”
When recording the rental price changes for the rental index, the rental prices are corrected for different quality, location and size of the apartments, is explained in the communication. This makes it possible to record the actual rental price development.