Real Estate Trends to Look Forward to in 2022
Photo: Mandarin Oriental 5th Avenue
The desperate frenzy of home buying spurred by wealth gains and a need for space around the world is likely to subside in 2022—with price growth coming back into the single digits for many areas and sales dipping amid too little inventory.
Still, the lifestyle trends that emerged during that home-buying surge will remain and even strengthen in the coming year. That’s especially true of those related to remote work, as many companies acquiesce to a desire for more flexibility for the long term. That means home offices, outdoor space and developments that support residents working from the building will thrive.
Home design that’s highly functional and supports well-being will also remain a top priority as many people settle into new homes in new cities.
Though the effect of the highly transmissible Omicron variant on the course of the pandemic is unknown, other trends likely to shape real estate in the coming year include rising interest rates, increased foreign travel and growing concern for environmental sustainability.
In this five-part series, Mansion Global looks at 2022 through the lens of top luxury markets, smart-home technology, design, amenities and new developments.
Looking Ahead: Home Design Trends to Expect in 2022
Just as our lifestyles have required adjustments during Covid, so have the interior spaces we inhabit. The past year-plus has been one of realignment and living a new normal in pandemic times, but 2022 will hopefully spur a return to familiarity alongside a flurry of fresh ideas.
Travel, Wealth Gains Will Keep the Fire Burning Under These Luxury-Home Markets in 2022
After another year characterized by the change in work habits and increased levels of wealth amid the coronavirus pandemic, 2022’s real estate market looks poised to be the year of the international investor with reopening borders and eager home buyers set to drive luxury markets globally.
Five Luxury Developments to Get Excited for in 2022
If real estate in 2020 was defined by buyers fleeing to the countryside, 2021 will be seen as the year they returned to the city.
Sales in cities across the world soared, with volume breaking records and prices steadily inching up. That’s a trend that’s set to continue into next year, with buyers looking for larger units with dedicated outdoor space as well as access to amenities like parks or the water. Many buyers are also looking at boutique buildings with fewer units that feel more community-oriented.
Robots, Foldable TVs and More: Our Smart-Home Outlook for 2022
Developments outside the home are changing tech inside the home—think hybrid work arrangements, labor shortages and climate change, to name a few.
Exactly how will that influence your kitchen, bathroom, home office? Our predictions for 2022 offer a sneak peek.
Full-Service Luxury and Expansive Outdoor Space Lead Amenity Trends for 2022
The real estate frenzy kickstarted by the Covid-19 pandemic hasn’t just driven up home prices, it’s driven up luxury buyers’ expectations, as well.
“As far as developers we work with who are planning new communities, we’re saying to them, what used to be an upgrade is now expected,” said Michael Saunders, owner and founder of Michael Saunders & Co., a brokerage in Sarasota, Florida. “We’re advising them to raise the bar in terms of finishes.”