Wealth and Real Estate Through a Global Lens
The Report is finally out today, and I am very excited to finally share it with the world! Boldly refreshed with new features and an updated look, The Report is 141 pages of curated luxury real estate insider intelligence like you’ve never seen before. It looks beyond annual real estate statistics to give you a holistic view of high-end property buying and selling – not just in your local market, but also around the globe. There is a reason why we call it, “The Report.” It is the biggest, most comprehensive report of the year for the Coldwell Banker Global Luxury® program. It’s the definitive report on high-end property buying and selling for the entire luxury real estate industry. It’s the only report you need.
There is so much rich content in this year’s Report. We focused on looking on the year ahead and casting a wider lens than ever before, so you can have a truly global perspective on everything impacting luxury real estate today – from wealth and financial drivers to affluent lifestyle changes, inbound and outbound market migrations, sustainability and more. The lens from which we viewed all of our findings begins with an astounding reveal from Wealth-X: the world’s affluent population – those with a net worth of $5 million+ – grew 19.8% from 2020 to 2021 and their combined wealth rose 20.4% to over $75 trillion. This is a remarkable jump from 2020, which saw only a 2.1% YOY increase! When you combine this fact with the historic real estate growth statistics provided by the Institute for Luxury Home Marketing and the trends identified by Coldwell Banker Global Luxury Property Specialists, you get a very powerful resource for understanding not just the affluent clients of today – but the affluent clients of tomorrow!
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