The 2020 pandemic might have upended the notion of the traditional workplace and redefined the home, but it hasn’t stifled a thriving luxury real estate market. Savvy buyers are poised to capitalize, cheered by interest rates that dropped as low as 2.86 percent in November 2020 and GDP predicted to rise by 4.2 percent in 2021. Having celebrated a 60-year record in total transaction volume in 2020, we can share the Sotheby’s International Realty Luxury Outlook for 2021 with much [...]
Where Global Luxury is Going, Post-Pandemic
- By Maria Cintron
- Posted
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