Sales of summer cottages in Finland declined significantly last year compared to the previous year, according to Yle News [8f3a757f]. Prices in 2023 dropped even more in relation to the peak prices during 2020 and 2021, when summer cottage prices skyrocketed, driven by heightened demand due to travel restrictions during the Covid-19 pandemic. Data from the National Land Survey of Finland indicates that the 'Covid hype' effect on waterfront cottage prices has almost completely dissipated. Nationwide, the average prices of summer cottages fell by five percent between 2022 and 2023. In a comparison by region, Kymenlaakso's cottage prices clearly fell the most by 29 percent. Kanta-Häme, Satakunta, and South Karelia also saw a sharp drop. Many popular cottage municipalities were hit by the waning of the buying boom. Average prices in Hämeenlinna, for example, fell by 17 percent in 2023 from the previous year, Kouvola by 13 percent, and Parainen by 7 percent. An interesting exception can be found on the shores of Lake Saimaa in South Savo, where prices fell by eight percent region-wide. However, in Puumala and Savonlinna, cottage prices rose by 10 percent and 15 percent respectively. By contrast, nearby Mikkeli suffered, as did Kuopio in North Savo, the country's most popular cottage municipality. Price increases were also recorded in particular in North Ostrobothnia (+23 percent), Ostrobothnia (+20 percent), and Lapland (+17 percent). As usual, waterfront cottages are most expensive in Uusimaa and Southwest Finland. The cheapest cottages were in North Savo and Kainuu [8f3a757f].