In The City
Author: Luxury Card
The pandemic shifted the priorities of the luxury real estate market as affluent buyers flocked to sleepy rural towns, resort markets, and suburbia. Now cities all over the world are roaring back to life as high-end buyers return, flush with cash. According to Coldwell Banker’s The Report 2022, global wealth rose by double digits in 2021.
NEW CONSTRUCTION
According to Moody’s Analytics, Americans have an estimated $2.5 trillion in overall excess savings from the pandemic era. In addition, as funds from around the world seek safe, stable, and valuable investment opportunities, new-construction US real estate remains among the most attractive and largest assets both for families and for investors.
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