Coldwell Banker Real Estate released 2023 Global Luxury Market Insights with insights on the global luxury real estate market trends.
The report reveals the prime cities for purchasing luxury real estate, pricing trends, and trends driving luxury consumers.
According to the report's Opportunity Index, markets friendliest for buyers are Marco Island, Palm Beach, Summit County, Miami, and Lake Tahoe.
- Over 50% of the Global Luxury Property Specialists surveyed for the report expected luxury home prices to remain flat or slightly up from 2022.
- Luxury homebuyers prioritize property location, home condition, and amenities when purchasing a primary or secondary residence.
