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Jan 10, 2024 · 2024 Luxury Outlook Report. The fourth annual 2024 Luxury Outlook report is an in-depth exploration of the high-end residential markets across the globe. Following several years of residential real estate frenzy, the report reveals that buyers have begun to acclimate to a new normal of higher interest rates, with high-end home seekers expanding ...
Jul 10, 2024 · SHARE. The 2024 Mid-Year Luxury Outlook℠ report is Sotheby’s International Realty’s first-of-its-kind mid-year report, delving into the pivotal, forward-looking issues shaping luxury residential property markets worldwide. The speed of change in the world at large—and in the real estate sector, specifically—has never moved so fast.
Apr 24, 2024 · The vast majority of 2024 luxury-home sales — 318 — were in the $1-million to $2-million range. “That was obviously a huge, huge area of activity,” Don Kottick, chief executive of the real ...
Jul 24, 2024 · In the first half of 2024, sales of luxury homes over $4 million dropped 16% year-over-year, while sales of ultra-luxury properties over $10 million were down 50%. The median price per square foot for luxury properties priced between $4 million–$10 million fell to $1,179 in May 2024, the lowest level in three years. 1. Montréal.
Feb 8, 2024 · Montreal Outlook 2024. February 8, 2024 5 Minute Read. Stay In The Know. Montreal’s office market has had a turbulent ride as it grapples with the enduring popularity of remote work and strong resistance to long commute times. The city’s downtown office market ended 2023 at 18.0% vacancy, up 2.0% from a year earlier.
Apr 19, 2024 · A recent report from Sotheby’s International Realty Canada notes that buyers will have more options to break into Montreal’s luxury real estate market in 2024, giving them a chance to live in ...
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Sep 19, 2024 · [1] The 2024 Royal LePage ® Carriage Trade ® Luxury Market Report provides data and insights on luxury properties, across all residential housing types, in ten of Canada’s largest real estate markets. Data was compiled by Royal LePage® using local brokerage and board statistics for the periods of January 1, 2023 to August 31, 2023, and January 1, 2024 to August 31, 2024.
