Luxury Portfolio International® has released its latest report, which delves into luxury real estate trends and the effects of COVID-19.
Findings include:
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Real estate is the next big buy: 61% of those surveyed indicated their next big buy will be a home-related investment.
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The seller’s market: The current ratio of buyers-to-sellers, on average, is 3 buyers for every 2 sellers.
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Face-to-face preferred: 61% of affluent buyers and 57% of affluent sellers noted that they prefer face-to-face property tours, with the expectation that agents enforce safety protocols.
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PLUS: Most popular amenities by home price and generation.
View the entire digital version here!