2023-05-23-莱坊-Global_Super-Prime_Intelligence_Q1_2023_3页_554kb

Global Super-Prime Intelligence Report Q1 2023 Summary:

• Global $10m+ residential sales rebounded in Q1 2023 with 417 transactions, up 11% from Q4 2022 and the highest volume since Q2 2022 year-on-year.
• Total sales value reached $30.2 billion, down 26% from the 2021 peak, but still above pre-pandemic levels.
• Dubai emerged as the top market, accounting for 17% of global sales volume (up from 2% previously), followed by London, New York, Los Angeles, and Hong Kong.
• Average sale prices were highest in Geneva ($23.8m) and London ($20.4m), with notable growth in markets like Miami and Singapore due to tax changes and demand shifts.
• Key challenges include limited inventory, higher interest rates, and cross-border tax policies (e.g., Hong Kong's stamp duty adjustments) slowing transactions.
• Outlook: 2023 full-year sales expected around $25-27 billion, with potential recovery in 2024 if global economic conditions improve.
• Main trends: Increased demand for Swiss and Scandinavian properties from Asian and Middle Eastern buyers post-pandemic, and Dubai's growing role in the super-prime market.