Emilie Cole | January 12, 2024
Sotheby's International Realty released its annual Luxury Outlook Report this week highlighting global trends and predictions for the year ahead.
Following several years of residential real estate frenzy, the report reveals that buyers have begun to acclimate to a new normal of higher interest rates, with high-end home seekers expanding their searches to more parts of the world. It also explores the trends shaping real estate investment decisions in the year ahead from the intergenerational transfer of wealth to pinpointing parts of the world where tax incentives are increasingly enticing.
Bloomberg broke the news on the report with an exclusive article recapping its findings here.
Grab your favorite latte and read this annually anticipated report here.
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Global real estate trends and predictions