Asia-Pacific buyers lead global real estate revival

According to an overarching study of the world’s most affluent households by Luxury Portfolio International (LPI), the luxury division of Leading Real Estate Companies of the World, 58 percent of Asia-Pacific buyers are in the market for properties over the next three years, a number significantly higher than North American (45 percent) and European (48 percent) buyers.  

The State of Luxury Real Estate (SOLRE) included over 25,000 wealthy consumers in the top one to five percent income bracket. Research indicates that as wealth booms throughout the Asia-Pacific region, savvy buyers intend to invest in residential real estate to turn financial gain into real assets. The report also shows that the affluent seller market is falling behind in buyer demand, providing new developments with opportunities to capture additional business. …..

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