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Pursuits
2020 Predictions

Around the World, Luxury Real Estate Poised to (Mostly) Strengthen

Miami and Paris are looking good, but NYC and Vancouver are still in a slump.

relates to Around the World, Luxury Real Estate Poised to (Mostly) Strengthen

Illustration: Angie Wang

Rich homebuyers laid low in 2019 as economic uncertainties turned global cities into risky propositions.

But don’t be surprised next year to spot the world’s wealthiest people beginning to spend money again as home prices in relatively stable economic areas continue to sink into bargain territory.