Luxury Real Estate Has a Positive Outlook for 2024

Luxury real estate—while part of the housing market—is a world of its own, fighting the tides of market challenges and managing to stay afloat. Due to this, luxury consumers remain more positive in their market than most. In fact, over one-third of surveyed luxury consumers feel that 2024 will be a better time to buy or sell a home compared to 2023—indicating enthusiasm for luxury real estate as they pursue their dream home, according to a new report from Coldwell Banker Global Luxury.

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