North America Is Bullish on Luxury Real Estate

from State of Luxury Real Estate - Luxury Market Trends 2023

KEY FINDINGS AND RECOMMENDATIONS

The affluent residing in the United States and Canada have significantly higher demand for luxury real estate compared to a year ago and on par with the results from 2021.

Affluent Mexican residents have returned to a comparable pace after a year that saw a 7.7 percent increase in demand nationwide. This fast-moving market may have triggered a fear-of-missing-out situation that brought additional buyers to the market.

Overall demand in North America is on the uptick in 2023 fueled by a confident U.S. buyer.

North America Is Bullish on Luxury Real Estate

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KEY FINDINGS AND RECOMMENDATIONS

for luxury residential real estate by residents of North America

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State of Luxury Real Estate - Luxury Market Trends 2023