The moving sector in Switzerland is currently facing significant challenges. The decrease in the number of vacant homes and the rise in rents are the main drivers behind a significant decrease in the moving rate recorded in 2023. This worrying situation highlights the growing tensions in the Swiss real estate market and raises concerns about accessibility and residential mobility in the country.
Decline in the moving rate in 2023
In 2023, the number of people opting for a move saw a significant decline, marking a trend that the Swiss market had already faced the previous year. With only 625,000 moves recorded in 2023, compared to 700,000 in 2022 and 750,000 in 2021, this decrease indicates a continuing reduction in residential mobility in the country. This trend has intensified with a moving rate dropping from 9.5% in 2022 to just 7% in 2023.
Third consecutive year of vacant homes decline in Switzerland
The availability of homes in the Swiss market has also been affected, with a constant decrease in the number of vacant homes for the third consecutive year. In 2023, only 54,765 homes were available in Switzerland: an alarming situation despite a constantly increasing resident population. The vacancy rate dropped from 1.54% in 2021 to 1.31% in 2022 and 1.15% in 2023, signaling increased tension in the real estate market.
Rise in rents between tenants
Alongside this decrease in housing supply, landlords often take advantage of a change in tenants to increase rent. On average, rent prices increase by 10% after a move.
In a context of inflation, rising costs and housing shortage dissuade many potential tenants from moving, even if they wish to do so. This underscores the urgent need to create new homes and regulate the real estate market to effectively meet the growing needs of the Swiss population.
Head of Marketing at MOVU
Charline has a sharp expertise in data analysis, understanding market dynamics, and identifying trends in the moving industry in Switzerland. Thanks to her experience, she provides valuable insights, helping readers better understand the developments and challenges in this market.
