South Walton Luxury Market Report May 2022

Dated: May 17 2022

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May’s Highlights for Luxury Market Report

•The report is a guide to the luxury real estate market in North American. It provides an overall analysis with trends and highlights compara tive data on the top-residential markets throughout Canada and the United States.

• This month’s report displays the market statistics for North America month over month as well as the 13-month trend. • This month we look at the luxury real estate market from a global perspective.

• We compare how demand for luxury properties has developed over the last two years to determine the impacts on the global real estate mar ket, to understand the implications for 2022 and beyond.

• Looking at the start of the pandemic we consider the differences between how the affluent in various continents reacted and why 2021 saw more significant changes in the demand for luxury real estate, even within North America, compared to 2020.

• Discover what were the key determinants that drove the growth of demand for luxury properties during 2021 and how global wealth played such a significant role.

• We dive a little deeper in the statistics about global wealth comparing the growth year over year and well as the significance of the increasing numbers of high-net-worth individuals.

• As more countries open their borders and travel restrictions become less of an impediment, we review some key countries to share some key insights into how their luxury markets are changing and developing.

• From Australia to Dubai, India to the UK and France in Europe, understand why the status of the global elite is setting new courses and creat ing new opportunities.

• What is the significance to the North American market and why do experts predict that Canada and the U.S. will be one of the biggest benefi ciaries in the return of international buyers?

• For homeowners looking to sell or buy their luxury home in today’s market we recommend working with a realtor who can provide you with critical knowledge about your local market, maintain a high level of security during the transaction and knows how to leverage technology to provide maximum exposure and assistance.

It is my responsibility as your REALTOR to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the market effectively to achieve your goals.

Garett Huber

Realtor Berkshire Hathaway

Call/Text me at c.850.830.1801

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Garett Huber

Dedication | Commitment | Trust | A full-time Realtor within Santa Rosa Beach and surrounding areas, Garett offers a wealth of knowledge and experience that is unsurpassed. Garett's keen insight into ....

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