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Sotheby’s International Realty 2022 Luxury Outlook Report

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Sotheby’s International Realty 2022 Luxury Outlook Report

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Sotheby’s International Realty is pleased to announce the release of its 2022 Luxury Outlook report, which identifies the trends likely to shape the global high-end real estate markets in the coming year. The full report offers insight into the high-end real estate sector as pandemic reopening starts and stops fueled even stronger demand and stocks struggled to keep pace. The global report reveals that relief from the market frenzy may not come quickly as prices are expected to rise in 2022. Additionally, the shift to a hybrid working model is encouraging more buyers to invest in real estate and look for larger houses that can accommodate remote people. work while remaining within transport distance.

Data from the latest Monthly Luxury Report from LIV Sotheby’s International Realty (LIV SIR) paints a similar picture for the luxury real estate market in Denver Mero, where demand for high-end homes continues to rise even two years from now. after the start of the pandemic. . Year over year, the number of luxury listings sold in Denver increased by 66% in 2021. Interestingly, despite the large increase in the number of homes sold last year, the average price remained relatively constant – hovering around $1,600,025 for the year.

“Last year Denver saw an incredible increase in luxury real estate sales, but we ended 2021 with an impressive number of active listings,” commented Shannel Ryan, President, LIV Sotheby’s International Realty, Metro Denver. “Despite dwindling inventory, activity is already showing an early start to the selling season here and in all Colorado markets.”

The expert insight and analysis of the global housing market in Sotheby’s International Realty’s 2022 Luxury Outlook report was compiled by interviewing Sotheby’s International Realty agents around the world who transact in the $10 million+ price category. U.S. dollars. This information has been supplemented by additional data collection from other leading industry experts, including UBS Wealth Management; Henley & Partners, a global citizenship and residency advisory firm; the National Association of Estate Agents; in addition to art and luxury experts from Sotheby’s, the famous auction house, to complete the luxury trends of the coming year.

Sotheby’s International Realty 2022 Luxury Outlook Report

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