A new wave of affluent Gen X and millennial buyers is poised to inherit an estimated £3.4 trillion in global real estate over the next decade.
Roughly £1.7 trillion of that is expected to land in the United States, according to Coldwell Banker’s latest Global Luxury 2026 Trend Report.
The agency confirmed the transfer would concentrate more capital in high‑end housing even as the broader market wrestled with higher rates and stretched affordability.
The report, based on three years of luxury sales data and surveys of more than 100 Coldwell Banker Global Luxury Property Specialists, argued that prime markets have increasingly diverged from the mainstream.
“The next generations are inheriting a historic amount of wealth and approaching luxury with intention,” Michael Altneu, vice president of the Coldwell Banker Global Luxury division, said.
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