Luxury clients and buyers 8% of foreign buyers purchase US homes priced at $1 million or more. 29% of leads were for properties over $700,000 in 2020. See our 2020 US International Buyers Report As the world faces the human and economic costs of the Covid-19 pandemic, the United States government has pumped trillions of dollars into the economy to mitigate the economic downturn. In this effort to achieve economic stability, the Uganda Phone Number List introduction of “new money” into the economy will drive inflation. To protect their savings and investments from inflation, smart investors are moving their money into stable assets, such as real estate. The result is a record volume of properties sold at remarkably high prices. For people who have been considering selling their luxury homes, now is the best time to sell. In fact, many countries are in a similar situation and the huge increase in luxury listings on Properstar is proof of this trend. Increase in luxury listings on Properstar in Portugal +53% for properties priced between 1 and 2.5 million +35% for properties priced over 2.5 million The number of luxury listings in Portugal is 39% higher in February 2021 than in 2020 *with 13,830 listings .
The percentage of leads for properties over $700,000 in 2020 is 3%, which, in absolute numbers, represents a significant volume. Check our Portugal International Buyers Report in 2020 The luxury market in France For luxury real estate, buyers always look to Paris, and with such limited supply in a geographically very small city, demand remains strong in the luxury market. Increase in luxury listings on Properstar in France for properties priced between 1 and 2.5 million +28% for properties priced over 2.5 million The number of luxury listings published on Properstar in France is 32% higher in than *with 27,229 listings . The demand for a rural property in France, whether as a permanent home or as a holiday home, is increasing, both from national and international buyers. Luxury clients and buyers In the high-end French property market, the forecast is that values will continue to rise, pushing up market averages. In 2020, 16% of leads in France on the ListGlobally network were for properties above $700,000.