Welcome to 2025: In this review, we will break down the key events, trends, and insights from
2024, concluding with an outlook for the North American luxury real estate market in 2025.
The luxury real estate market in 2024 was marked by a series of transformative trends, with key
developments shaping the high-end housing sector throughout the year.
After a challenging 2023 characterized by limited transactions and stagnation, the luxury market
made a remarkable resurgence. The year saw a notable recovery, driven by factors such as economic
stabilization, a rise in inventory levels, and the return of affluent buyers with renewed confidence.