Manya Rathore
Research expert covering India
Luxury home market worldwide - statistics & facts
Buying a home is a huge investment for just about anyone; it requires years of planning ahead, saving, and financing, and even more so if one wants to purchase a luxury house or apartment. Despite the high price tag, the demand for luxury housing worldwide is on the rise. To put this in perspective, in 2014 it took an average of 254 days to sell a luxury home, and by 2017 this figure had dropped to around 190 days.
