The 2026 Luxury Outlook® report, published by Sotheby’s International Realty on January 7, 2026, includes data from the 2026 Sotheby’s International Realty® agent survey, a comprehensive poll of the brand’s luxury real estate agents and franchise owners.
The survey reveals that global luxury home prices grew by a healthy 7% on average in 2025. The gains were led by an eye‑catching 43% increase in the Middle East and Africa, fueled by exceptional double‑digit growth in Dubai. Asia and the Caribbean also performed strongly, rising 10.3% and 7.2% respectively. Meanwhile, markets across Europe, South/Latin America, and North America remained steady during the same period.
Forecasts for 2026 suggest continued stability, with global luxury home price growth predicted to average 2.9% for the year.
Luxury prices in the Middle East and Africa and Asia are expected to grow by 7.9% and 6.6% respectively, followed by a 5.7% price rise in Oceania, completely reversing the region’s 5.7% drop in 2025.
Growth is also predicted for Europe (1.3%) and South and Latin America (1.6%). Meanwhile, slight falls in North America (-1.6%) and the Caribbean (-1.4%) signal opportunity for high-end buyers.
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Saguy Elbaz represents exceptional properties and discerning clientele in Montreal and Quebec. Through international reach, cutting-edge marketing. and absolute discretion, he achieves results that meet the highest standards of the luxury real estate market.
With over 15 years of experience representing luxury properties and elite clientele, he has successfully completed over 1,000 transactions representing over one billion dollars in sales volume
