The demand for second homes in Swiss tourist regions remains very high, leading to more rapid price inflation than for primary housing. + Get the most important news from Switzerland in your inbox According to an analysis released today by the consulting firm Wüest Partner, the increase in real estate values for secondary residences was higher than that of the market for main residences. + Locals driven out by luxury homes in Swiss mountains Since the beginning of 2020, prices for mid-range second homes in tourist regions have risen by an average of 46%. "This corresponds to an annual progression of 6.5%," explain the experts from Wüest Partner. In the same period, owner-occupied flats used as main accommodation rose by 32%, or 4.6% annually. In recent months, however, the market for holiday homes has shown signs of normalisation, moving closer to the dynamics of the primary housing market. According to estimates by Wüest Partner, prices for secondary residences will grow by an ...
