Real Estate & Home

Longevity emerges as key driver of luxury real estate demand

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Longevity and wellness have become defining forces in the luxury real estate market, with wellness-related property investments projected to exceed $1.1 trillion by 2029. This shift is significant for developers and planners as affluent buyers increasingly prioritize long-term livability and specialized features that support aging in place. Professionals should also monitor the rising dominance of millennial clients, who now account for more than 66% of luxury home purchases, frequently valuing lifestyle considerations over traditional tax incentives.

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