Villa prices soar in September, rents too

Villa prices soar in September, rents too
Villa prices soar in September, rents too

The prices required by the selling parties for individual houses in Switzerland experienced their sharpest increase in September since the end of 2022, by 1.5% over one month. The prices established for new rental leases also increased, by 0.7%.

Villa prices have fluctuated quite a bit recently and showed an increase of 1.7% over the first nine months of the year. (illustrative image)

Keystone

Conversely, offers for properties per floor experienced a slight moderation, of 0.3%, noted Thursday the operator of classified ad platforms SMG Market Place and the real estate consultancy firm Cifi in a periodic update .

Villa prices have fluctuated quite a bit recently and showed an increase of 1.7% over the first nine months of the year. The seasoning of the bill turned out to be even more generous for apartments in properties (+2.9%) and especially for those offered for rental (+3.2%).

Required rents have particularly soared in central Switzerland (+2.5%), as well as in the Zurich region (+1.6%). They remained stable on the Plateau and calmed down somewhat on the Lake Geneva region (-0.7%).

The authors of the Swiss Real Estate Offer Index, however, emphasize that tenants with current contracts could demand rent reductions of around 3% if by chance the mortgage reference rate were to fall by 25 basis points as envisaged. in spring 2025. However, there will be a delay of almost four months.

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