Published by Persistence MarketResearch
Posted on October 7, 2021
4 min readLast updated: January 30, 2026
The global luxury homes market is set to grow at a 6.7% CAGR from 2017 to 2025, driven by demand in Asia Pacific and the popularity of serviced apartments.
The rise in global economy has fueled the demand for luxury and super luxury homes. The global ready-to-move-in luxury homes market was dominated by North America and Europe in 2016. However, a recent research report by Persistence Market Research suggests that the Asia Pacific ready-to-move-in luxury homes market is anticipated to witness a robust growth during the forecast period 2017-2025.
This comprehensive research report is titled ‘Ready-to-move-in Luxury Homes Market: Global Industry Analysis (2012–2016) and Forecast (2017–2025).’ According to the forecast presented in this report, the ready-to-move-in luxury homes market is expected to reach a market valuation of about US$ 550 Bn in 2017 and this is projected to increase to more than US$ 920 Bn by the end of 2025. The market is anticipated to grow at a robust CAGR of 6.7% during the forecast period.
Ready-to-move-in Luxury Homes Market: Dynamics
There are a lot of factors responsible for the fluctuations caused in the global ready-to-move-in luxury homes market. The chief factors responsible for the growth of the market are an increase in business travels and rising demand for luxury homes. In the European region, the growing awareness of consumers regarding serviced apartments is predominantly high from the consumer side.
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The demand for serviced apartments is growing steadily because of the insufficient availability of adequate living space for business lodgers, tourists, and students in cities. The monetary benefits of serviced apartments is attributed to the minimized serviced apartment rentals of up to 50% as compared to hotels. However the market may also face some hindrance in revenue growth during the forecast period due to the tax burden as well as the intensifying competition in the global market.
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Ready-to-move-in Luxury Homes Market: Segmental Highlights
Ready-to-move-in Luxury Homes Market: Competitive Landscape
This exhaustive research report includes a section on the competitive analysis, profiling the key players in the ready-to-move-in luxury homes market such as :
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The post Ready To Move In Luxury Homes Market To Represent A Significant Expansion At 6.7% CAGR By 2017 – 2025 appeared first on Lake Shore Gazette.
The article discusses the growth of the global ready-to-move-in luxury homes market, projected to expand at a 6.7% CAGR by 2025.
North America and Europe dominated the market in 2016, with significant growth expected in Asia Pacific by 2025.
Challenges include tax burdens and increasing competition in the global luxury homes market.
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