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SOTHEBY’S INTERNATIONAL REALTY® 2022 LUXURY OUTLOOK REPORT REVEALS
RETURN OF INTERNATIONAL BUYER, HYBRID WORK MODEL FUELS REAL ESTATE INVESTMENT
Debuts Second Annual Luxury Trend Report for the Year
Wallace & Co. Sotheby's International Realty is pleased to announce the release of its 2022 Luxury Outlook Report, which identifies the trends likely to shape the world’s prime housing markets in the year ahead. The comprehensive report offers insight into the high-end real estate industry as the starts-and-stops of the pandemic’s reopening fueled even stronger demand and inventory struggled to keep pace. The global report reveals that relief from the market frenzy may not happen quickly as prices are expected to rise in 2022. In addition, a shift to a hybrid work model is fueling more buyers to invest in real estate and seek larger homes that can accommodate remote work while remaining within commuting distance. The report also highlights some of market trends in the 2021 Martha's Vineyard market.
