I'm excited to share the Sotheby's International Realty brand's newly-released 2025 Luxury Outlook℠ report, which delves into the key trends poised to shape the global luxury real estate market in the coming months. Bloomberg broke the news on our report this morning with an exclusive article recapping its findings.
As we approach the next real estate cycle, it’s a crucial time to understand the driving forces behind the market's future. The Great Wealth Transfer is underway, with an unprecedented US$84 trillion expected to change hands between generations by 2045. The report also provides insights into industry projections for price normalization, federal interest rates and inventory.
We also cover where and why nearly 135,000 high-net-worth individuals are expected to migrate in 2025, and how cities named “Best Place to Live” influence pricing and inventory in areas like Vienna, Zurich, and Naples, Florida. Additionally, we explore the growing trend of luxury brands such as Dolce & Gabbana entering the US$66 billion-dollar branded residences market.
