Sotheby’s International Realty has published its Luxury Outlook report, which examines the emerging trends and key developments expected to influence the global luxury real estate market in 2025.
Sotheby’s International Realty‘s report highlights several factors of importance in shaping the market from today to the next thirty years : for example, by 2045, the baby-boomer and silent generation will have transferred almost $84 trillion to the next generation. These changes are fuelling an evolution in the luxury real estate market, which is adapting to the preferences of younger generations.
The report also notes the rise of women as independent buyers of high-end real estate. By 2030, they are expected to control nearly $34,000 billion, or almost 38% of all investable assets in the United States. This phenomenon is partly fuelled by a transfer of wealth that will give women more financial power than ever before.
Remarkable resilience in the face of economic uncertainty
After a year of high interest rates and economic instability in 2024, the luxury real estate market will show impressive resilience in the year ahead. Philip A. White Jr. CEO of Sotheby’s International Realty, points out that, despite economic turbulence and geopolitical changes, the luxury sector continues to demonstrate a robust resilience.
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