April 2021 Luxury Market Report – RISMedia |
The Institute’s Luxury Market Report is your guide to trend analysis and comparative data on major residential markets in Canada and the United States.
The April report reviews the current statistics for the luxury market in North America month by month, as well as the 13-month trend.
The Institute for Luxury Home Marketing (The Institute) is looking at the first quarter of 2021 to examine the luxury real estate market and whether the growth of this market will continue or begin to stabilize after an extraordinary second half of 2020.
Many market analysts and industry experts predict that current sales cannot be sustained indefinitely, but they also don’t expect prices to drop in 2021. What shaped these forecasts and why Are last year’s statistics so important to understanding the market in 2021? The Institute explores the evolving topics that currently dominate conversations between luxury real estate professionals and their buyers.
All homes must now offer a multifunctional space to their residents. Whether it’s a large single-family home in the countryside or a penthouse in the city center, aspects of health and wellness have taken center stage for many decisions made on the market. luxury real estate market.
The Institute examines the innovative features and reuse of space in single and detached homes, but with a closer eye on how builders, developers and property designers in metropolitan cities are starting to change. the landscape of their luxury residential buildings.
Click here to view the Institute’s full report.