Federal statisticians have counted just over 70,000 vacant homes in 2021, which is ” a 9.5% annual decline,” according to the Tribune de Genève. The Federal Statistical Office explains that this is a trend that has not been seen for over a decade.

Trends may have emerged on these statistics regarding the vacancy rate. Thus, Swiss residents clearly showed a preference for single-family homes over apartments.

Different regions also have different statistics. The TDG explains that some cantons have been able to fall below the 1% threshold, as is the case for Zug, Geneva, Zurich, Graubünden, Obwalden, Basel-Landschaft and Schwyz, while others have experienced increases, such as the Ticino region. Overall, the regions of eastern Switzerland and the northwest have seen their vacancy rates fall the most. Solothurn and Appenzell Innerrhoden join Ticino as the areas with the highest number of uninhabited dwellings.

Finally, the Tribune de Genève reports that the majority of vacant units represent rental properties (85%), although units for sale have shown a greater rate of decline than rental properties.

Finally, covid-19 has also impacted the Swiss real estate market by creating a demand for comfort in one’s home. Thus, there was greater interest in apartments with more than three rooms, as opposed to studios and properties with small spaces.

Find out more about real estate news and the decline in the vacancy rate in Switzerland in the TDG article: ”
Vacancy rate down; first time in 12 years
“.

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Source : La Tribune de Genève, Marché suisse de l’immobilier – Le taux de logements vacants a reculé ; une première en 12 ans, ATS, mis à jour le 13.09.2021.