Luxury Spending on Home Goods Expected to Rise During the Holiday Season

from State of Luxury Real Estate - Luxury Market Trends 2023

by Gazes | White Real Estate

Wealth Creation Continues at a

American affluent and wealthy consumers are gearing up for a happy holiday relating to luxury purchases.

Home- and real estate-related categories are among the biggest beneficiaries of the gift-giving trend.

Luxury Category Likely-to-Purchase, Ranked (1-27) | U.S. Affluent & Wealthy

Consumers Are Prepared to Act, and Buyers are Motivated

The average luxury home buyer presents a high level of confidence in both decision making and predicting their own circumstances over the coming year.

And while most buyers are mentally ready to make the purchase and move to a new home, there remains some preparation to be done when it comes to selling their home.

Confidence plays a role in motivation. Staying connected with potential clients to gauge interest and comfort with action will help maintain leads.

Luxury Spending on Home Goods Expected to Rise During the Holiday Season

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This article is from:

State of Luxury Real Estate - Luxury Market Trends 2023