Insight into the World's Top Primary and Secondary Real Estate Markets
Sotheby’s International Realty’s 2021 Luxury Outlook report examines high-end residential markets across the globe. The comprehensive report provides insight into the world’s top primary and secondary markets and the anticipated wealth trends that will drive discretionary investment in 2021. With priorities shifting toward larger homes with special amenities, including “Zoom rooms,” multiple offices and workspaces, and an increased interest in sustainable homes with wellness and technology features, the Luxury Outlook highlights new spending habits and homebuying trends.
According to Bradley Nelson, chief marketing officer for Sotheby’s International Realty:
As a leader in luxury real estate, it was important for us to analyze trends emerging from the most unparalleled year in modern history. The pandemic recalibrated interest in larger, greener properties, secondary cities, and geographies with favorable tax and emigration policies. These preferences are likely here to stay for the foreseeable future, and it was important for us to provide a resource to those looking to navigate the months ahead.