I am pleased to introduce the Sotheby’s International Realty 2024 Luxury Outlook report, a comprehensive exploration into high-end real estate markets across the globe. Following several years of residential real estate frenzy, the report reveals buyers have begun to acclimate to a new world of higher interest rates, with high-end home seekers expanding their reach to more parts of the world. The report, explores trends shaping real estate investment decisions in the year ahead, from intergenerational transfer of wealth, to pinpointing parts of the world where tax incentives are increasingly enticing.

Through the 2024 Luxury Outlook report, our goal is to help you navigate this fast-moving and ever-changing real estate market. I hope that this compilation of research and industry perspectives, exclusively presented by Sotheby’s International Realty, helps you as you look to invest your equity wisely in the year ahead.