The sale of a 15,700-square-foot home in Paradise Valley, Ariz. for a record-breaking $21 million is one of the transactions profiled in Christie’s 2022 Mid-Year Luxury Trends Report. Image courtesy of Christie’s International Real Estate
Despite dreary economic outlooks for the upcoming year, luxury real estate is set to continue thriving, as affluent buyers increasingly seek low-risk assets with high yields, according to luxury brokerage Christie’s International Real Estate.
