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1 minute read
Focus is Shifting from Shared Walls to Single -Family Homes
Over the past three years of SOLRE research a trend toward single-family homes has emerged.
This trend continues to be the largest segment of the market and considering the demographic changes of luxury buyers it makes sense that they would seek family-oriented spaces.
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Shared-wall living spaces such as townhouses and condos/apartments have gradually declined—down by more than 15 percent since 2021. Branded hotel and high-rise penthouse residences are unchanged over time and tend to cater to wealthy empty-nesters rather than emerging high-earners.
Style of Next Residence | Luxury Home Buyers
Branded hotel or resort residence (with access to its amenities)
High-rise penthouse apartment (top floors in a large building)
Townhouse (a single-family home that shares a wall with another)
Condominium/apartment (single unit within a larger building; shared walls)
Single-family home/landed residences (built on a single lot, no shared walls)