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Crypto, Hybrid Working Will Drive Luxury Housing Boom in 2022

A new report from Sotheby’s International Realty predicts another strong year.

A 12,000-square-foot home in Toronto’s Bridle Path neighborhood is listed for C$21 million ($16.6 million).

A 12,000-square-foot home in Toronto’s Bridle Path neighborhood is listed for C$21 million ($16.6 million).

Photographer: Kyle Noonan for Sotheby's International Realty Canada

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The only thing that can slow the global luxury market in 2022 is ... greed.

“It’s impossible to underprice a property in this environment,” says Bradley Nelson, chief marketing officer of Sotheby’s International Realty, which released its 2022 luxury outlook report on Monday.