The 2022 Luxury Outlook report examines high-end residential markets across the globe. The comprehensive report provides insight into the world’s top primary and secondary markets and the anticipated wealth trends that will drive discretionary investment in the coming months.
The end of last year showed signs of a slight shift in the frenzied market of 2021-including few 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.