Longevity is New Luxury: New Report Shows Aging-in-Place Reshaping Global Luxury Real Estate

Sotheby’s International Realty released its 2026 Mid-Year Luxury Outlook report, revealing a fundamental force reshaping global luxury real estate: the rise of longevity-driven living. Wellness infrastructure and health-centered design are playing an important role in purchase decisions, as ultra-high-net-worth buyers increasingly seek long-term property investments that allow them to age in place. A trend that, combined with unprecedented wealth accumulation and a new generation of Millennial buyers, is transforming the global luxury real estate market.

The 2026 Mid-Year Luxury Outlook report draws on insights from Sotheby’s International Realty affiliated global real estate advisors worldwide who specialize in transactions in the US$10M+ price category. Their expertise is complemented by data from industry leaders including Federal Reserve, UBS, the National Association of REALTORS, the Global Wellness Institute and more.

Key findings from the 2026 Mid-Year Luxury Outlook report include:

• Longevity is the new luxury. The global longevity market is projected to grow from US$5.3 trillion in 2023 to US$8 trillion by 2030, according to UBS Global Wealth Management. Wellness real estate has more than doubled in size in five years and is projected to surpass US$1.1 trillion by 2029. Nearly 38% of real estate professionals working in the US$10 million-and-above segment report that aging in place has become a growing factor for homebuyers.
• The luxury homebuyer pool is growing. More than half (55%) of real estate professionals surveyed who specialize in US$10 million-and-above properties reported an increase in luxury homebuyers over the past 12 months, with average price increases of 5%.
• Lifestyle is driving real estate decisions. 62% of real estate professionals surveyed cited lifestyle as an increasingly important factor for homebuyers, ranking above taxes (60%), economic stability (53%), and political stability (49%).

Click here to read the complete report.