Savills

Research article

Savills Global Residential Agent Sentiment Survey: Size (and amenities) matters

Across the Savills network, regardless of market, agents report that the race for space continues and that many of their buyers are looking to upsize their main residences, with an average of 27% of buyers looking to upsize.


Hybrid living – spending longer in second homes and turning them into true secondary residences – appears to be a real lifestyle shift in the wake of the pandemic, rather than a passing trend.

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Source: Savills Research

Compared to the same time last year, agents report very little change in buyer preferences for the types of properties they’re searching for. However, when compared to 2020 or pre-pandemic, for those looking for an investment property or second home, more than 40% of agents report that there are more buyers in their markets looking for these sorts of properties.


What type of property are your current applicants looking for? Share of buyers (average)

Source: Savills Research


How has the type of property your applicants are looking for changed compared to pre-pandemic?

Source: Savills Research

Source: Savills Research

However, the desire for space (in all its forms) hasn’t gone away. Outdoor spaces in the form of a garden or terrace were the second and third most important attributes for buyers, followed by the desire for additional bedrooms and parking.


What are the top five attributes your buyers are looking for?

Source: Savills Research