- The number one global preference among luxury buyers is new construction in newly developed neighborhoods and one-quarter of global buyers already have in mind which property they want to invest in as their next purchase. This is great news for the luxury developers in the Bahamas!
- Since the pandemic, not only were home prices impacted but also the need to stay home. While having to work from home, there has been a heightened need to relax at home, which impacts the number of amenities required in a new home.
- Over 50% of ultra-luxury buyers believe their current home value has risen by more than 10%.
Each year high-net-worth buyers around the world's needs shift. This is highly dependent upon technology, environmental factors, and new policies.