We are pleased to tell you that the Coldwell Banker Global Luxury® program's 2024 Trend Report is now live and available. Coming off our award-winning report for 2023, this year we’re bringing you six data-driven trends that will give you a more complete picture of where the luxury real estate market is headed. Those six trends are:
- Shifting Out of Neutral
- Have-it-All Properties
- The AI Revolution
- The HENRY Factor
- America, The Investment Haven
- Smart Homes 2.0
Even better, the latest data is incredibly positive. The luxury market in 2023 saw sales increase 4.2% for single-family homes and 14.2% for attached properties compared to the previous year, while new listings also increased by 14.2% for single-family homes and 7.2% for attached properties during the same period. Please reach out to me if you'd like to learn more!