LUXURY REAL ESTATE HAS RESISTED THE CRISIS, ULTRA-LUXURY IS DOING PARTICULARLY WELL
Share this link
If Sotheby's Realty's sales volume fell by 7% in 2023, the year is considered "excellent" by its CEO. These results in fact surpass the record results of 2021.
After two crazy years, luxury real estate resisted the crisis in 2023, despite a drop in transactions, while exceptional properties are snapped up and the mountain is on fire, according to the reports of prestigious agency networks . After the Covid crisis, "everyone wanted to change their lives by alternating residence in the city and in the countryside", leading to a surge in prices on the luxury real estate market, recalls Alexander Kraft, CEO of Sotheby's Realty France.
Listen to Mr. Alexander Kraft, CEO of Sotheby’s International Realty France — Monaco, this morning on BFM Business in “Everything to invest” alongside Marie Coeurderoy and Lorraine Goumot. An incredible interview to talk about the luxury real estate market and its...
After two crazy years, luxury real estate resisted the crisis in 2023, despite a drop in transactions, while exceptional properties are snapped up and the mountain is on fire, according to the reports of prestigious agency networks . Discover the market analysis and...
