The housing market in the canton of Glarus is experiencing stable demand amid limited supply, with a notable increase in residential rents by 4.5% last year. While home prices have stabilized following interest rate hikes, the recent drop in rates has revived demand, particularly for condominiums, which saw a 2.1% price increase year-on-year in Q2 2024. The outlook remains positive, with expectations of continued demand and rising rents for new apartments, although existing tenancy rents are likely to stabilize.
