Dubai, Miami lead 2022 prime real estate forecast: Knight Frank
The average value of prime residential property climbed more than 8 percent in 2021, the highest annual increase in more than a decade.
The average value of prime residential property climbed more than 8 percent in 2021, the highest annual increase in more than a decade.
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Globally, the world’s population of ultra-high-net-worth individuals climbed by almost double-digits as pandemic-related restrictions and lifestyle changes led to an accumulation of wealth.
Although there has been a shift in global economies and consumer lifestyles amid the COVID-19 pandemic, real estate remains a worthwhile investment for high-net-worth individuals.
As health, well being and sustainable efforts are top of mind for home buyers, the need for energy efficient homes is growing.
Two or three decades ago, the idea of using fine art as a way of growing wealth was fairly unheard of, and certainly questioned.
Super-prime sales surged across the globe during the first half of 2021, nearly surpassing all 2020 sales of $10 million homes, according to Knight Frank.
Luxury Daily’s live news: LVMH debuts digital materials resale platform; Kenzo’s creative director departs after short stint; Audi, MLS debut new season of sports docu-series; Super-prime sales remain resilient in 2020: Knight Frank.
Luxury Daily’s live news: LVMH debuts digital materials resale platform; Kenzo’s creative director departs after short stint; Audi, MLS debut new season of sports docu-series; Super-prime sales remain resilient in 2020: Knight Frank.
Global super-prime residential sales fell only 1 percent in 2020, as wealthy international buyers sought out properties in domestic markets, according to findings from Knight Frank.