Luxury Real Estate Reveals Signs of Decreasing, but Strong Developers Hold the Inventory
As luxury realty reveals indications of fatigue, insights from the CEO of Raymond Realty shed light on market characteristics and opportunities in premium real estate.
He pointed out that while the luxury section shows indications of tiredness, the premium market where they operate remains strong. He reiterated that the current luxury market remains smaller, with fewer players actively participating. When Sahni discussed various market segments, he emphasized the stable demand for exceptional real estate. With about six or seven significant markets contributing to 70-80% of the national market worth, establishing a strong position in these areas is crucial.