The resilience of the Swiss luxury real estate market

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Despite the health crisis, luxury real estate is booming in Switzerland according to the annual UBS Luxury Property Focus 2021 study.

 

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The UBS Luxury Property Focus 2021 study by UBS’s Chief Investment Office (CIO) GWM released on Wednesday examined the state of the luxury real estate market in Switzerland. According to the report, luxury property prices in Switzerland are growing at more than double the market average.

 

In 2020, the increase in demand in the luxury segment drove prices up by 9%, which is significantly higher than the average of +4.4% recorded in the Swiss market for owner-occupied housing,” said Katharina Hofer, real estate expert at UBS.

 

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