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Coldwell Banker Releases The Report, An Extensive Outlook on the 2022 Global Luxury Real Estate Market

From double-digit wealth and affluent population growth and the return of international buyers, “The Report” identifies the 2022 trends and opportunity markets transforming global luxury real estate.
13 May 2022
Coldwell Banker

MADISON, N.J., March 1, 2022 /PRNewswire/ — Today, Coldwell Banker Real Estate LLC, a Realogy (NYSE: RLGY) brand, and the Coldwell Banker Global Luxury® program released “The Report: 2022 Global Luxury Market Insights,” an in-depth analysis of emerging worldwide luxury real estate market trends, market growth opportunities and global wealth.

(PRNewsfoto/Coldwell Banker Global Luxury)
(PRNewsfoto/Coldwell Banker Global Luxury)

Based on data from Wealth-X commissioned by Coldwell Banker Real Estate, the world’s affluent population – those with a net worth of $5 million and up – grew 19.8% in 2021, adding 597,550 individuals to bring the total population to 3,612,730 individuals worldwide. Their combined wealth rose 20.4% to over $75 trillion – a significant jump from 2020, which only saw a 2.1% year over year increase. Meanwhile, U.S. wealth growth rates were even higher in 2021, rising 24.8% in both total population and wealth during the same period, up from 8.1% in 2020.

Read the full article here.