Luxury Real Estate Sees Global Surge.
Luxury real estate markets worldwide are experiencing a surge in demand, driven by wealthy individuals seeking safe investments and lifestyle upgrades. Cities like London, New York, and Paris are seeing record-breaking sales, particularly for properties in prime locations. The trend is fuelled by low-interest rates, increased wealth among the global elite, and a desire for properties that offer privacy, space, and high-end amenities. Despite economic uncertainties, the luxury market remains resilient, with some experts predicting continued growth as more investors view real estate as a stable asset in turbulent times.