The strong luxury real estate market of the past two years will continue for the remainder of 2022 and into 2023 despite high inflation, rising interest rates and stock indexes that have posted double-digit losses on the year. That is one of the main conclusions of the new 2022 Mid-Year Luxury Trends Report recently released … Read more
When the sleek, pale façade of The Ayer Mansion was unveiled in 1902 amid the red brick of Boston’s Commonwealth Avenue, it was a challenge to the old order. Disruption and innovation are a Boston tradition. For a provincial capital, Boston has always punched above its weight on the world stage. From the Tea Party … Read more
Sales volumes of second-home and resort lifestyle destinations grew by 19 percent, up from a seven percent annual decline in the prior year. Luxury Home Sales Grow 11 Percent Worldwide, says Christie’s International Real Estate Luxury Defined Report. Hong Kong ranked as the world’s most luxurious housing market, followed by New York and London. With … Read more
Events like the Luxury Property Show have an increasing role to play in sowing the seeds of the high-end real estate market, and are a great opportunity to bring together some of the sharpest investment minds under one roof. Once an investment niche, luxury property is now a rapidly growing market with recent data … Read more
‘Trophy’ has become the new buzz-word in luxury real estate. More properties than ever before were sold and listed for sale at US$100 million or higher in 2014, says the new study by Christie’s International Real Estate — the world’s leading luxury residential network and the real estate arm of Christie’s art house. As the … Read more
Trends shaping the luxury real estate market globally. Christie’s International Real Estate report. With more millionaires and billionaires in the world than ever before, pent-up demand and increasing consumer confidence, luxury real estate sales surged in 2013 around the world, according to a recent report by Christie’s International Real Estate, the real estate arm of … Read more