According to the
Credit Suisse study
September 28, the number of vacant homes counted by the Federal Statistical Office in 2021 has decreased for the first time since 2009. This decrease is explained by a dynamic demand for housing that was not affected by the pandemic, but also by construction and deliveries that continued to slow down (-16.3%) and by the recovery of net immigration with departures from Switzerland that decreased during the health crisis.

This significant decline in the number of vacant units (-7,467) over twelve months is impressive. This decline is mainly attributable to rental housing (-5,500), but the limited supply of owned housing is also a determining factor. Credit Suisse notes in its study that having to spend much more time at home, due to the pandemic, has increased some people’s desire to own their homes. The rise of the home office is also changing the nature of the properties being sought with requests for larger homes, including an extra room that serves as an office or guest bedroom.

The increase in demand and the decrease in production have therefore boosted the price of owner-occupied housing. Finally, the peripheral communes have become more attractive than the city centers of Geneva or Lausanne.

We are seeing this trend in the marketing of three of our projects in the Canton of Geneva, with great success for large apartments, houses, ground floor apartments and apartments with generous terraces.

We invite you to visit the sites of our three latest developments located on the Left Bank, a few minutes from downtown Geneva: Le
Parc des Crêts
(Troinex), Le
Cocoon of Ehden
(Cologny) and Le
Ehden Wood
(Vandoeuvres). These three beautiful projects offer numerous typologies for families looking for the apartment or house of their dreams!