Urgent.News

What's breaking now, across thousands of outlets.

Business

Under 1 percent: There are increasingly fewer empty apartments in Switzerland

The Federal Statistical Office recorded the sixth consecutive decline. However, the development is not the same in all cantons. Zurich is particularly surprising.

Translated from German Read in German

Under 1 percent: There are increasingly fewer empty apartments in Switzerland

The Swiss Federal Statistical Office has reported the sixth consecutive decline in vacant housing, with the vacancy rate decreasing from 1% to 0.93% over the past year. However, the trend varies across cantons, with Zurich surprisingly experiencing a slight increase in vacant housing. The country's housing shortage is becoming more widespread, with economic hubs like Zug and Geneva having the lowest vacancy rates, while economically weaker cantons like Jura have more vacant housing.

The situation is expected to remain challenging, with many areas experiencing a shortage of available housing.

Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at nzz.ch →

More in Business

More from Thursday 10 September →