1、Sothebys International RealtyContentsFront and back covers:The Armani Beach Residences on Palm Jumeirah,due to be completed at the end of 2026,are one of Dubai?s most anticipated luxury branded residences.Above:Experience unparalleled luxury with the four+bedroom beach villa at Four Seasons Private

2、Residences Tropicalia,El Seibo,Dominican Republic.Right:This elegant Freeland,Washington,home offers the best of waterfront living.6Market OutlookLuxury property is proving adaptable to the year ahead20Investment LandscapeHow falling federal interest rates and global elections have shaped the market

3、22Migrating WealthMillionaires are on the move?and so is their money34Property PlaybookSavvy investors are looking beyond traditional borders46Generational ShiftsWith transferred wealth comes serious buying power53Millennial TastesA new generation is shaping trends in luxury property58Ideal Location

4、sWhat makes a city rank high on the livability scale67Midwestern RenaissanceBehind the growing allure of Rust Belt real estate72Great EstatesWhy donating property makes for a meaningful legacy 82Branded LivingThe trend of luxury brands moving into the branded residences sector90Property MatchmakerHo

5、w AI has supercharged the business of real estate96Hybrid HomesWhy sustainability and hybrid features are growing in popularity102Property IndexLearn more about the homes in this reportPhotos:(front and back covers)Dubai Sotheby?s International Realty;(page 2)Dominican Republic Sotheby?s Internation

6、al Realty;(page 3)Realogics Sotheby?s International Realty.2Sothebys International RealtyW E?RE SEEING ENCOURAGING SIGNS ACROSS KEY MARKETS,W ITH INVENTORY STABILIZING AND RETURNING TO HEALTHY LEVELS IN PRIME LOCATIONS WORLDW IDE?WelcomeWhen we first introduced the Luxury OutlookSM report in 2021,th