More Swiss rental flats advertised for first time in three years

For the first time in three years, more flats have been advertised for rent on real estate portals in Switzerland. Between October 2023 and September 2024, 384,000 apartments were advertised across the country. +Get the most important news from Switzerland in your inbox This is around 20,000 properties or 5.6% more than in the same period last year. This is the result of the online flat index OWI published on Tuesday, which is calculated by the Swiss Real Estate Institute on behalf of the Swiss Real Estate Association and the Swiss Homeowners Association. Despite the increase in the volume of adverts, the average insertion time has fallen by two days to 25 days. A shorter insertion period despite more advertisements indicates an increasing demand for rental flats, according to the report. One reason for this may be that tenants are reacting to rising rents by moving house. Due to the two-time increase in the reference interest rate from 1.25% to 1.75%, the increase in rents is ...