We are pleased to introduce the  Sotheby’s International Realty  2023 Luxury Outlook report,  which outlines the industry trends and happenings across high-end residential markets around the world. In 2022, we saw mortgage rates soar after two years of historic lows, fueling a “lock-in” effect that strained an already tight market as homeowners continued to spend more time at home than ever before. In this report, we highlight the trends that you can expect in the year ahead, from the projected flow of global wealth into the real estate market to luxury real estate in the metaverse. If you have any questions after reading through the report, please don’t hesitate to reach out to us directly. We welcome the opportunity to discuss these insights with you and how they may apply to your own real estate goals.