Demand for single-family homes, private outdoor space, and enough room to work remotely will drive robust luxury home sales in 2021—benefiting some of the world’s top luxury markets more than others.
There is now ample data from around the world to support what began as mere speculation nine months ago: That the global Covid-19 pandemic would spur an unprecedented shift in lifestyle choices and housing needs, marked by an overwhelming preference for larger houses, more amenities, and less population density.