What Gives a Suburb Staying Power?
Despite predictions that some suburban markets could collapse as city dwellers went back to the urban homes they fled when ...
Luxury Outlook 2022
More Buyers Turn To Exurbs
With more companies offering extended remote-working options for their employees, home buyers are pushing out farther and wider into once-rural ...
| Art / Lifestyle, Luxury Outlook 2024
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Caribbean Sees Boost From Remote Working
As companies extend remote-working options, faraway tropical paradises in the Caribbean are cementing their appeal for luxury home buyers. Both ...
| Art / Lifestyle, Luxury Outlook 2024
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Boomerang Buyers Stimulate Markets Back Home—Particularly In Australia And New Zealand
One of the pandemic’s significant effects on the global property market is the boomerang-buyer phenomenon, which has seen millions around ...
| Luxury Outlook 2024
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Collaboration Over Competition
While auction houses and galleries historically have vied for business, they’re increasingly finding more benefits to collaborating. Sotheby’s is ...
| Auction House, Luxury Outlook 2024
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Superluxury Properties Break Records
Call it pandemic purchasing or a change in priorities for high-end homeowners, but the US$30-million-plus home sale is a trend ...
| Art / Lifestyle, Luxury Outlook 2024
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2021 Record-Breakers
REAL ESTATE Several sales were standouts this year, including One 100 Palm Jumeirah, a 14,000-square-foot contemporary mansion in Dubai, sold ...
| Art / Lifestyle, Auction House, Luxury Outlook 2024
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The New Ethical Luxury
Three letters are changing how today’s investors view their capital opportunities—ESG. A fresh range of more socially conscious investment options, ...
| Art / Lifestyle, Luxury Outlook 2024
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Fine Arts — Q&A: Mari-Claudia Jiménez, Chairman And Managing Director Of Sotheby’s Auction House
Non-fungible tokens (NFTs) and their headline-grabbing prices disrupted the traditional art world in 2021, legitimizing digital art and bringing ...
| Auction House, Luxury Outlook 2024
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Where Are Luxury Buyers Relocating In 2022?
Global trends are prompting wealthy buyers across the world to make moves abroad. According to Henley & Partners, a global ...
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What’s Next:Gen-Z Home Buyers
Gen Z, the generation behind millennials, with the oldest members in their early 20s, have their sights set on homeownership. ...
| Luxury Outlook 2024
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NFTS, ‘Additive To The Art World,’ Require Adaptive Thinking For Collectors
In 1973, a Sotheby’s decision to auction 50 contemporary works of abstract and pop art unsettled traditionalists and stoked critics. ...
| Auction House, Luxury Outlook 2024
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Anatomy of an Of-The-Moment Home
GARAGE WITH STORAGE This helps keep clutter out of the main house and allows for out-of-sight storage of tools, lawnmowers, ...
| Art / Lifestyle, Luxury Outlook 2024
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Branded Residences Move Beyond Hotels
Branded residences are some of the fastest-growing segments in luxury real estate—and one of the most sought after. Hotel brands ...
| Art / Lifestyle, Luxury Outlook 2024
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Fueled by Millennial Nostalgia, New Collectibles Markets Soar
The collectibles market has exploded in the last year, as high-net-worth individuals looked to invest in alternative asset classes. Trading ...
| Auction House, Luxury Outlook 2024
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Tech Execs Driving High-End Single-Family Home Buying
High-net-worth home buyers hailing from tech-driven fields like life sciences, engineering, technology, and telecommunication are shaping the luxury real estate ...
| Art / Lifestyle, Luxury Outlook 2024
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Luxury Buyers Keep Cities Thriving Despite Pandemic
For hundreds—or sometimes thousands—of years, cities around the globe have defied predictions of their death, including alarms set off during ...
| Luxury Outlook 2024
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Is There Relief Ahead From The Market Frenzy?
While the current state of the housing market is great news for sellers, for buyers, the past year and a ...
| Luxury Outlook 2024
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Second-Home Transactions Cooling Slightly, But Demand And Prices Still High
Second-home markets have been experiencing high demand since mid-2020, with luxury buyers motivated to seek out properties in holiday destinations ...
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Material Supply Issues May Put Long-Term Pressure On Home Prices
With delivery schedules delayed and prices of material goods rising, pandemic-induced supply-chain issues have dominated headlines for much of 2021, ...
| Luxury Outlook 2024
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Irrepressible Cities Poised For Growth
While urban areas have rebounded more quickly than anticipated from the global disruption created by the Covid-19 pandemic, some cities ...
| Luxury Outlook 2024
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Amid Inflation And Relatively Low Interest Rates, Luxury Real Estate Remains A Trusted Investment
The expansive growth in the luxury-home market during the Covid-19 pandemic is expected to continue in 2022, albeit at a ...
| Luxury Outlook 2024
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Tax Havens Around The World
Bahamas There’s no income tax, capital-gains tax, or inheritance tax in the commonwealth, though there is a value-added tax on ...
| Luxury Outlook 2024
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Run On Luxury Properties In Secondary And Tertiary Markets Heralds Long-Term Change
The seismic shift in home buyers’ priorities since the pandemic’s onset has led high-net-worth buyers from primary markets to secondary ...
| Art / Lifestyle, Luxury Outlook 2024
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Reimagining The Multifamily Building
While most of the luxury high-rise buildings currently selling units were designed prior to the age of social distancing and ...
| Art / Lifestyle, Luxury Outlook 2024
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Millennials Make Their Mark
Millennials are entering the home-buying market en masse, shedding their title of the “renter generation” as they reach new life ...
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Taking Stock Q&A: Wine Collecting With Jamie Ritchie of Sotheby’s Wine
The pandemic caused wine collectors to take stock of their holdings. Sotheby’s Wine—the only major global auctioneer offering fine ...
| Art / Lifestyle, Auction House, Luxury Outlook 2024
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Interest In Serviced Apartments Soars
The last couple of years have been tough for the hospitality-and-travel industry, with luxury hotel rooms standing empty across the ...
| Art / Lifestyle, Luxury Outlook 2024
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Tax Changes Around The Globe
From the U.S. to France and Oman to Ireland, governments and city authorities are looking to property as a way ...
| Luxury Outlook 2024
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2022 Luxury Outlook Report Reveals Return Of International Buyer, Hybrid Work Model Fuels Real Estate Investment
Sotheby’s International Realty is pleased to announce the release of its 2022 Luxury Outlook report, which identifies the trends likely to shape ...
| Brand News, Luxury Outlook 2024
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Domestic Buyers Dominate These Hot Markets…But How Long Will It Last?
The Covid-19 pandemic and resulting restrictions on international travel have hindered foreign buyers from investing in overseas real estate, and ...
| Brand News, Luxury Outlook 2024
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What Lies Ahead – Q&A With Philip A. White Jr., President and CEO, Sotheby’s International Realty
As an industry veteran, Philip A. White Jr., president and chief executive officer, Sotheby’s International Realty, has seen many trends ...
| Brand News, Luxury Outlook 2024
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Welcome
Welcome to the Sotheby’s International Realty 2022 Luxury Outlook. In the pages that follow, we explore the data as well ...
| Brand News, Luxury Outlook 2024
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Luxury Outlook 2024
The Sotheby’s International Realty® 2024 Luxury Outlook report overviews industry trends in high-end residential markets around the world and highlights what you ...
| Luxury Outlook 2024
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