The Concept of the ‘Second Home’ is Undergoing a Rapid Transformation. Pandemic lockdowns, dramatically reduced travel, changing work requirements—as well as a renewed focus on the value of ‘home’ – prompted many HNWIs to review their real estate priorities over the past 18 months. As a result, the concept of the ‘second home’ is undergoing … Read more
Three archetypes with a major impact on the luxury real estate landscape in 2020-2021. Coldwell Banker Real Estate gathered the most current wealth research generated by WealthEngine, Wealth-X, and other third-party sources and combined it with anecdotal evidence from Coldwell Banker Global Luxury Property Specialists in the field to identify three archetypes that are … Read more
Melbourne market falls 1.6% in a month as property crash continues to accelerate
Prices for London’s best homes continue to rise: Knight Frank. London property prices rise, but buyers are becoming more value sensitive, according to Liam Bailey, Global Head of Knight Frank Residential Research. The leading independent global property consultancy reports that prime central London residential prices increased by 0.3% in May and are up 3.2% so far … Read more