ImmoScout and IAZI launch real-time rental index

Based on the rental price offers for houses and apartments, a separate index will be calculated for each major region of Switzerland, reflecting the conditions in the corresponding region. In future, the two indices will trade under the name Swiss Real Estate Offer Index, which aims to reflect sales and rental price developments in the various regions.

The Swiss Real Estate Offer Index is intended to become the reference source for real estate professionals, the media and the public. It is the first hedonic index worldwide that is calculated and updated in real time (realtime). To facilitate interpretation, the offer price indices are shown with a price per square meter and the offer rent indices with an annual rent per square meter.

The data of the advertisements are continuously delivered to IAZI by ImmoScout24. This distinguishes the Swiss Real Estate Offer Index from all other indices, which show the market development for single-family houses, condominiums and rental apartments only with a delay of one or several months and cannot be calculated retrospectively on a daily or hourly basis. In this way, IAZI and ImmoScout want to contribute to increased transparency on the Swiss real estate market. The index will allow timely monitoring of the development of asking prices and asking rents on Switzerland's largest real estate platform, the two companies wrote in a statement. (ah)