Luxury Outlook | Supply-Chain Issues Ease, Yet Prices Remain High

By Sotheby's International Realty |

Supply-chain issues are still rippling through some U.S. and global markets, while others are showing marked signs of improvement. In Singapore, supply disruptions persist, as underlying factors such as the Ukraine war and China’s relatively strict Covid policies remain, says Han Huan Mei, director of research, List Sotheby’s International Realty, Singapore. “Further escalations in the Russia-Ukraine conflict could further impact global supply disruptions and exacerbate inflationary pressures through higher food and energy prices.”