【World Property Journal】Investor Demand for U.S. Commercial Properties in Late 2021 Surpasses 2019 Levels

National property broker Redfin is reporting that in November 2021, demand for second homes in the U.S. was up 83% from pre-pandemic levels. This is an uptick from October's 72% increase but still slightly below January's record 91%.

Demand for second homes surged as pandemic-related lockdowns and a new era of remote work made vacation destinations more desirable, with many wealthy Americans opting to exchange cramped city life for more space. But even as the overall housing market has begun its typical seasonal cool down, demand is expected to remain above pre-pandemic levels.

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