The Sotheby’s International Realty 2022 Luxury Outlook report is an ambitious exploration into high-end residential markets across the globe and identifies trends that are likely to shape the coming months across the world’s prime housing markets – from the resurgence of urban cities to the return of the international buyer.
The initial 2021 Luxury Outlook report was an extraordinary success, transforming the project into an annual report exploring trends in both the national and international luxury real estate markets. The second annual 2022 Luxury Outlook explores a wide ranch of subjects including the impact of hybrid work on real estate, supply chain and new construction concerns from the pandemic, the new digital trends in cryptocurrencies and NFT’s and more.
Learn more in the Welcome Letter from Sotheby’s International Realty Chief Marketing Officer A. Bradley Nelson:
“The end of last year showed signs of a slight shift in the frenzied market of 2021—including fewer bids on houses, and homes spending a little longer on the market. But a true buyer’s market isn’t likely, as people continue to move, and real estate is considered a hotter investment than ever. Plus, there are two major issues keeping the market on the side of sellers: low inventory and material supply slowdowns. As such, most experts predict prices will increase throughout 2022, especially after the slower winter months.”