Global super-prime (US$10m+) residential sales rose 11% in Q4 2023 on a year-on-year basis. There were 411 sales across the 12 markets covered in the three months to December compared to 370 in the same period in 2022. The uptick in super-prime sales activity reverses the slowdown in the previous quarter and reflects to a more confident global economic outlook at the end of 2023, as expectations for interest rate cuts in 2024 grew stronger.
For more information, click here.