2016 retrospective: The year of global luxury real estate

A period of activity and change in the upscale market
  • The luxury real estate sector saw expanded growth during the past year.
  • A few high-end real estate developments surprised the industry in 2016.
  • Buyers and sellers will determine the future look of luxury real estate.

As we move into autumn and head toward the last quarter of the year, let’s look back at the state of global luxury real estate in 2016. What defined high-end property in recent months? Can we take away valuable insight from observing the performance of luxury real estate this past year?