A Market Driven by Intention
2026 MID-YEAR REPORT

A Market Driven by Intention

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The trends shaping global luxury real estate

The 2026 Mid-Year Luxury Outlook examines the most prevalent drivers in the super-prime market, influencing both buyers and seller activity as noted by the global specialists across the Sotheby’s International Realty network.

Key Takeaways

Wealth Shift

Today's luxury buyer is younger on average and motivated by more than prestige assets.

Lifestyle First

Luxury purchases increasingly reflect lifestyle aspirations rather than purely financial returns.

Global Appeal

London holds a sterling reputation as one of the world's most well-managed and dependable luxury markets.

Suburban Expansion

We are noticing a growing preference for homes in the countryside and in neighbourhoods that sit beyond urban centres.

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UK · Spotlight on New Homes

OWO Residences by Raffles

Once Britain's seat of statecraft, The OW O Residences by Raffles is a Grade II*-listed Edwardian Baroque landmark restored for prime residential living. Home to 85 private residences with one to four bedrooms, it pairs W hitehall's storied address with Raffles' 130-year legacy of hospitality.

Redefining the Market

Since 2023, we have been setting new benchmarks across Prime Central London and our presence now extends across South West London and the Cotswolds, guaranteeing exceptional service for our clients across every prime postcode.

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The global wealth effect

Where the world's wealth sits

High-net-worth individuals worth US$1M+

4.3M

Ultra-high-net-worth worth US$30M+

500K

net worth held by the wealthiest 1.1%

32%

Global Millionaires Living in the US

40%

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