{"id":21367,"date":"2025-01-23T11:37:08","date_gmt":"2025-01-23T16:37:08","guid":{"rendered":"https:\/\/sothebysrealty.ca\/insightblog\/en\/?p=21367"},"modified":"2025-01-23T11:38:30","modified_gmt":"2025-01-23T16:38:30","slug":"2025-luxury-outlook-report","status":"publish","type":"post","link":"https:\/\/sothebysrealty.ca\/insightblog\/en\/2025\/01\/23\/2025-luxury-outlook-report\/","title":{"rendered":"2025 Luxury Outlook Report"},"content":{"rendered":"<p><\/p>\n<blockquote>\n<p class=\"sc-fXtZR dUzwRJ\" data-testid=\"ripley-core__text-item__paragraph__component\" data-foleon-id=\"a48568d7-47c7-4b41-bf02-a6a89fa76fb7\"><span class=\"sc-cjHJky fzYewL\">As we enter 2025, the global luxury property market remains resilient. Our Luxury Outlook report provides an in-depth analysis of the many indicators that validate PricewaterhouseCoopers\u2019 October 2024 forecast of an impending real estate cycle upturn. We\u2019re seeing encouraging signs across key markets, with inventory stabilizing and returning to healthy levels in prime locations worldwide, and we hope to see pent-up demand drive a global increase in transactions in the coming months.<\/span><\/p>\n<p class=\"sc-fXtZR dUzwRJ\" data-testid=\"ripley-core__text-item__paragraph__component\" data-foleon-id=\"4a59661d-91a3-422c-9892-b99c1c8f61e4\"><span class=\"sc-cjHJky fzYewL\">Following a landmark year of elections around the world, the direction of government in many democracies has become clearer. Politics are unpredictable, but here in the U.S., financial markets have responded bullishly to a decisive result, and as Philip A. White Jr., our president and CEO, points out, ultra-high-net-worth individuals (UHNWIs) pay close attention to stock market performance when making real estate investment decisions.<\/span><\/p>\n<p data-testid=\"ripley-core__text-item__paragraph__component\" data-foleon-id=\"4a59661d-91a3-422c-9892-b99c1c8f61e4\">The anticipated US$84 trillion transfer of wealth from the Silent Generation and Baby Boomers to Generation X, Millennials and younger gathers momentum. These younger generations value lifestyle, community and meaningful connections\u2014particularly after years of digital-first interactions.<\/p>\n<div style=\"position: relative; padding-top: max(60%,326px); height: 0; width: 100%;\"><iframe style=\"position: absolute; border: none; width: 100%; height: 100%; left: 0; right: 0; top: 0; bottom: 0;\" src=\"https:\/\/e.issuu.com\/embed.html?d=2025_luxury_outlook_report&amp;hideIssuuLogo=true&amp;u=insightmagazineart\" sandbox=\"allow-top-navigation allow-top-navigation-by-user-activation allow-downloads allow-scripts allow-same-origin allow-popups allow-modals allow-popups-to-escape-sandbox allow-forms\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<p data-testid=\"ripley-core__text-item__paragraph__component\" data-foleon-id=\"d58bfa5a-7c88-4d2e-81d3-e9b10355501d\">&nbsp;<\/p>\n<p class=\"sc-fXtZR dUzwRJ\" data-testid=\"ripley-core__text-item__paragraph__component\" data-foleon-id=\"d58bfa5a-7c88-4d2e-81d3-e9b10355501d\"><span class=\"sc-cjHJky fzYewL\">Proximity to nature, arts and culture is profoundly shaping the tastes of emerging affluent buyers. \u201c\u2018The White Lotus\u2019 effect,\u201d based on the hit HBO television show set in a luxurious resort, is drawing wealthy, younger investors, including digital nomads and professionals in the finance and technology sectors, to the timeless allure of destinations such as Italy. Similarly, the entry of storied fashion brands such as Dolce &amp; Gabbana into the branded residency market in Miami, Florida, underscores a compelling trend: our lifestyle preferences are increasingly intertwined with real estate investments. Branded residences and the curated services and amenities they offer are emblematic of this trend of experience-led property purchases.<\/span><\/p>\n<p class=\"sc-fXtZR dUzwRJ\" data-testid=\"ripley-core__text-item__paragraph__component\" data-foleon-id=\"e94cb041-8a80-4b9a-8583-3de62c1c098b\"><span class=\"sc-cjHJky fzYewL\">In today\u2019s social media-driven world, homes have transcended their traditional role, becoming curated backdrops that we broadcast into the world. Whether buyers are looking for newly constructed homes\u2014a market segment particularly popular with Generation X and now representing 16% of all home sales\u2014or are undertaking restorations of historic properties, we continue to find that a home\u2019s greatest selling point is its uniqueness.<\/span><\/p>\n<p class=\"sc-fXtZR dUzwRJ\" data-testid=\"ripley-core__text-item__paragraph__component\" data-foleon-id=\"080f7a01-bde4-4fba-ab3a-2a2a2b784885\"><span class=\"sc-cjHJky fzYewL\">Beyond the U.S., the mobility of UHNWIs continues to create new hubs for global luxury real estate. The C\u00f4te d\u2019Azur in France has seen sustained price increases and growing interest from buyers in North America, the Middle East and Asia. Spain, too, has emerged as a hotspot for international buyers, with a dynamic market where Sotheby\u2019s International Realty has significantly expanded its operational investment in the past year. We also continue to grow our presence in London, England, where Claire Reynolds, managing partner, United Kingdom Sotheby\u2019s International Realty, notes that Americans\u2019 affinity for the British capital has never been stronger. Queensland, Australia, meanwhile, remains a vibrant, growing market, while Dubai Sotheby\u2019s International Realty achieved a record breaking US$65.5 million sale for a Jumeirah Bay Island villa in 2024.<\/span><\/p>\n<p class=\"sc-fXtZR dUzwRJ\" data-testid=\"ripley-core__text-item__paragraph__component\" data-foleon-id=\"b61467c4-da35-4217-9668-1db496d94b80\"><span class=\"sc-cjHJky fzYewL\">At the time of writing, Sotheby\u2019s International Realty offered 44,000 homes for sale. Inventory levels in the upper echelons of the market are improving and numerous examples of architecturally significant properties in premium locations, including assets never before offered for sale, are now available. If you haven\u2019t explored our portfolio recently, I encourage you to renew your interest this year.<\/span><\/p>\n<hr>\n<p><em>This article was originally published on <a href=\"https:\/\/www.luxuryoutlook.com\/2025-luxury-outlook-report\/\">Sotheby&#8217;s International Realty&#8217;s Extraordinary Blog<\/a>, and has been adapted for Sotheby&#8217;s International Realty Canada.<\/em><\/p><\/blockquote>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>As we enter 2025, the global luxury property market remains resilient. Our Luxury Outlook report provides an in-depth analysis of the many indicators that validate PricewaterhouseCoopers\u2019 October 2024 forecast of&#8230;<\/p>\n","protected":false},"author":31,"featured_media":21370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[385],"tags":[1604,1683,251,371,456,731],"class_list":["post-21367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates","tag-luxury-outlook-report","tag-real-estate-market-update","tag-luxury-real-estate","tag-sothebys-international-realty-canada","tag-sothebys-international-realty","tag-sothebys-international-realty-quebec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2025 Luxury Outlook Report - Sotheby&#039;s International Realty Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sothebysrealty.ca\/insightblog\/en\/2025\/01\/23\/2025-luxury-outlook-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2025 Luxury Outlook Report - Sotheby&#039;s International Realty Canada\" \/>\n<meta property=\"og:description\" content=\"As we enter 2025, the global luxury property market remains resilient. Our Luxury Outlook report provides an in-depth analysis of the many indicators that validate PricewaterhouseCoopers\u2019 October 2024 forecast of...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sothebysrealty.ca\/insightblog\/en\/wp-json\/wp\/v2\/posts\/21367\" \/>\n<meta property=\"og:site_name\" content=\"Sotheby&#039;s International Realty Canada\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-23T16:37:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-23T16:38:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sothebysrealty.ca\/insightblog\/wp-content\/uploads\/2025\/01\/2025-Luxury-Outlook-Report-Blog-Banner.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"SIRC\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SIRC\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2025 Luxury Outlook Report - Sotheby&#039;s International Realty Canada","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sothebysrealty.ca\/insightblog\/en\/2025\/01\/23\/2025-luxury-outlook-report\/","og_locale":"en_US","og_type":"article","og_title":"2025 Luxury Outlook Report - Sotheby&#039;s International Realty Canada","og_description":"As we enter 2025, the global luxury property market remains resilient. Our Luxury Outlook report provides an in-depth analysis of the many indicators that validate PricewaterhouseCoopers\u2019 October 2024 forecast of...","og_url":"https:\/\/sothebysrealty.ca\/insightblog\/en\/wp-json\/wp\/v2\/posts\/21367","og_site_name":"Sotheby&#039;s International Realty Canada","article_published_time":"2025-01-23T16:37:08+00:00","article_modified_time":"2025-01-23T16:38:30+00:00","og_image":[{"width":1440,"height":600,"url":"https:\/\/sothebysrealty.ca\/insightblog\/wp-content\/uploads\/2025\/01\/2025-Luxury-Outlook-Report-Blog-Banner.jpg","type":"image\/jpeg"}],"author":"SIRC","twitter_card":"summary_large_image","twitter_misc":{"Written by":"SIRC","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sothebysrealty.ca\/insightblog\/en\/2025\/01\/23\/2025-luxury-outlook-report\/#article","isPartOf":{"@id":"https:\/\/sothebysrealty.ca\/insightblog\/en\/2025\/01\/23\/2025-luxury-outlook-report\/"},"author":{"name":"SIRC","@id":"https:\/\/sothebysrealty.ca\/insightblog\/en\/#\/schema\/person\/23efd124483948cf5ddb8b3ca55812a2"},"headline":"2025 Luxury Outlook Report","datePublished":"2025-01-23T16:37:08+00:00","dateModified":"2025-01-23T16:38:30+00:00","mainEntityOfPage":{"@id":"https:\/\/sothebysrealty.ca\/insightblog\/en\/2025\/01\/23\/2025-luxury-outlook-report\/"},"wordCount":570,"image":{"@id":"https:\/\/sothebysrealty.ca\/insightblog\/en\/2025\/01\/23\/2025-luxury-outlook-report\/#primaryimage"},"thumbnailUrl":"https:\/\/sothebysrealty.ca\/insightblog\/wp-content\/uploads\/2025\/01\/2025-Luxury-Outlook-Report-Blog-Banner.jpg","keywords":["luxury outlook report","real estate market update","luxury real estate","Sotheby's International Realty Canada","Sotheby\u2019s International Realty","sothebys international realty quebec"],"articleSection":["Market Updates"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/sothebysrealty.ca\/insightblog\/en\/2025\/01\/23\/2025-luxury-outlook-report\/","url":"https:\/\/sothebysrealty.ca\/insightblog\/en\/2025\/01\/23\/2025-luxury-outlook-report\/","name":"2025 Luxury Outlook Report - 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