Luxury Real Estate Market Experiences Robust Global Expansion Driven by Wealth Accumulation and Lifestyle Shifts
https://dataintelo.com/report/....global-luxury-real-e
The Luxury Real Estate Market is undergoing a significant growth surge, fueled by rising global wealth, shifting lifestyle preferences, and the increasing importance of real estate as a secure investment. With demand rising across ultra-high-net-worth individuals (UHNWIs) and institutional investors alike, luxury properties have evolved into more than just status symbols—they are now integral elements of global wealth portfolios.
As of 2024, the market has seen increased activity in urban hubs, resort destinations, and secondary cities alike, driven by both local buyers and international investors seeking prestige, privacy, and long-term value.