The Trends Dominating the Luxury Real Estate Market in 2026
The rich are focusing on privacy more than ever — and not bailing on New York City — according to a new report from Sotheby’s International Realty.
Wealthy families are still bullishly spending on housing in a way that others are not.
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The rich are increasingly looking for properties that can accommodate extended families, according to the 2026 Luxury Outlook report by Sotheby’s International Realty. Millennials and Gen Xers are driving the shift as they search for homes that work for both young children and aging parents.
Bradley Nelson, the company’s chief marketing officer, spearheaded the report. He says nearly one in five purchases in the US is made by buyers who plan to live with relatives beyond their immediate family, including grandparents who might help foot the bill.