Switzerland’s housing shortage is deepening.
According to new figures from the Federal Statistics Office, only 1% of the country’s housing stock was vacant on June 1st - down for the fifth year in a row.
Geneva remains the tightest market, with just 0.3% of homes available, followed by Zurich at 0.4%.
Only Solothurn and Jura report vacancy rates above 2%.
Nationwide, 37,194 rental properties stood empty - 3,200 fewer than a year earlier, an 8% drop.
Properties for sale also fell, with just over 11,200 unoccupied.
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