Monday, September 14, 2020

Luxury Real Estate is on the Rise With 60% Improvement

In July 2020, Engel & Völkers announced that they saw a 60 percent increase in luxury real estate transactions over the same period last year, with homes selling for between 2 and 5 million euros (around $2.3M and $5.9M USD). “We are already seeing significant catch-up effects after the challenging first half of the year. Buyer activity is high in both national and international real estate markets,” said Sven Odia, CEO of Engel & Völkers AG.
 

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via JustLuxe.com

from JustLuxe: Luxury News and Reviews

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