Rents in Zurich fall at the start of the year
Die Mieten in der Grossregion Zürich haben Ende Januar um 1,1 Prozent tiefer gelegen als am Jahresende 2023. In allen anderen Regionen zogen die Angebotsmieten im Monatsvergleich an. Die Preise für Einfamilienhäuser stiegen um 1 Prozent. Dies zeigt eine Erhebung der SMG Swiss Marketplace Group.
Rental prices across Switzerland rose by an average of 0.3 per cent over the course of January, SMG Swiss Marketplace Group(SMG) reports in a press release on the current Swiss Real Estate Offer Index. SMG’s experts observed mostly moderate price increases in almost all regions in a month-on-month comparison. The SMG Swiss Marketplace Group combines the digital marketplaces of TX Group, Ringier and Mobiliar.
The highest increases in asking rents were recorded in Central Switzerland and Northwestern Switzerland, at 1.4 and 1.2 per cent respectively. Only the greater Zurich region bucked the trend. Here, those looking for a home “benefited from a reduction of -1.1 per cent”, Martin Waeber, Managing Director Real Estate at SMG Swiss Marketplace Group, is quoted as saying in the press release. According to SMG’s experts, however, asking rents will continue to rise in the coming months, both in general and in the greater Zurich region. SMG cites the fact that rental housing construction is lagging behind immigration as the reason for this.
SMG’s experts have also observed different developments in the residential property market. For example, prices for single-family homes rose by 0.9 per cent in January compared to the end of 2023. At the same time, the price increase for condominiums was significantly lower at 0.1 per cent.