Housing shortage in Switzerland: Vacancy rate falls to historic low
The Swiss real estate market is facing a new challenge: experts predict that the vacancy rate will fall below the one percent mark for the first time in 2026. This means that fewer and fewer apartments are available for those looking for housing in Switzerland.
This trend is noticeable in almost all major regions of the country. As the demand for housing continues to grow, but the supply of new apartments is not keeping pace, the situation in the rental market is becoming increasingly acute. For many people looking for a new place to live, the search for an apartment is becoming significantly more difficult.
The scarcity is particularly evident in the canton of Zug. With a vacancy rate of just 0.2 percent, the canton currently has the lowest figure in the whole of Switzerland. Anyone wanting to find an apartment there needs a lot of patience and often a high budget as well.
This development highlights the high pressure on the Swiss housing market. While the population is growing, the available living space remains scarce. Experts are monitoring the situation closely, as the shortage of apartments could also have long-term effects on rental prices and the mobility of the workforce.