Key Takeaways from the Report:
- The Great Wealth Transfer: Gen X and Millennials are set to inherit approximately $4.6 trillion in global real estate wealth over the next decade, with the U.S. accounting for over half of that total.
- Market Resilience: Despite broader economic shifts, luxury real estate remains remarkably steady. Nearly 80% of luxury specialists report their markets as resilient, with demand concentrating in areas that offer long-term stability and lifestyle depth.
- The Rise of "Nest Investing": Affluent buyers are prioritizing the home as their primary investment, shifting discretionary spending away from personal luxury goods and toward upgrading primary residences and lifestyle properties.
- "Living Large" vs. Quiet Luxury: The trend is shifting back toward homes with "presence"—larger footprints, estate-style characteristics, and unique architectural distinction are outpacing understated minimalism.
- New Luxury Hubs: While legacy markets remain strong, a new class of "safe harbor" cities is emerging, with high-growth activity accelerating in markets like Atlanta, Nashville, Dallas, and Salt Lake City.
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