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Luxury real estate in 2025 is being reshaped by substantial wealth transfers and evolving buyer preferences. Younger generations prioritize sustainability, wellness, and urban living, influencing property features and investment strategies. Climate change, highlighted by Los Angeles wildfires, is impacting property values and insurance costs. Migration trends among wealthy individuals, the increasing influence of women, and the growth of branded residences further transform the market. Buyers now seek properties aligned with personal values such as hybrid work and eco-friendly living. Despite economic uncertainties, the luxury housing sector demonstrates resilience through innovation and adaptability.