Fuel To Drive The Oahu RE Market Higher?

Traditionally, the Oahu real estate market has been driven by the significant play of off shore buyers (Japanese, Canadian, Californian, Australian, Korean & Chinese). 99% of the sales on Oahu during the Covid years (2020 & 2021) were driven by local on island purchasers.

Now the travel has opened back up, could we expect a further run up in the market? Is there pent up demand by off shore buyers to make up for the missing the last two years? Could geo-politics make Oahu a safe haven for international funds? Time will tell…