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Luxury real estate market uptrending alongside home improvement projects, interior furnishing sales: LPI

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Honing in on the next generation of affluent buyers, insights from last Tuesday's webinar pair well with the second installment of the leading network's SOLRE report.

Those seeking to further understand the evolving preferences of this cohort — the study backing May'srelease found that worldwide, 46 percent of luxury homeowners are under the age of 35 — should consider revisiting the latest installment of the leading network’s report.

The session’s title outlines the objective — Mr. Mount aims to explore how best to help real estate agents maximize messaging to draw consumers in amid a luxury estate landscape — before delving into specifics on sentiment, category purchasing, leisure activities and other areas of measurement relied upon for the SOLRE study.The presentation paints an overall positive picture of a “buoyant” market.

“Certainly from month to month… there is some variability, but the overall trend is really positive, especially in categories like art and collectibles.”Affluent Consumer Research's leader also uses Tuesday’s launches into the implications of said market conditions, as they relate to luxury real estate.

 

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