2024-03-20-莱坊-Global_Super-Prime_Intelligence_Q4_2023_2页_290kb

• Global Super-Prime Sales Increase (Q4 2023):
  • Year-on-year growth of 11%, driven by improved economic outlook and confidence post-pandemic, reaching 411 sales across 12 key markets.
  • Total sales volume significantly higher than Q4 2022 and surpassed pre-pandemic 2019 levels in some markets.
• Top Markets:
  • Dubai leads with 108 sales, followed by London (52) and New York (52).
  • Hong Kong experienced a dip to 15 sales, pushing it out of the top five; others like Los Angeles and Miami showed moderate growth.
• Key Economic Drivers:
  • Wealth creation rebound, supported by asset price surges and the AI-fueled equity boom.
  • Optimistic projections for interest rate cuts in 2024 are expected to boost activity.
  • Lending market stability and property tax changes in some regions (e.g., Switzerland's stricter purchase taxes) influenced demand.
• Market-Specific Insights:
  • Dubai and Geneva sustained strong performance due to wealth growth and favorable economic conditions.
  • Sydney's market gained momentum with buyer sentiment shifting, accounting for over half of its prime sales.
  • Miami faces supply shortages, limiting sales despite high demand.
  • Urban centers like Los Angeles saw equity support maintain relatively healthy volumes.
• Annualized Data Highlights:
  • Total full-year sales: 1,782 vs. 2,291 in 2022, but still high compared to previous years.
  • Average sales value: US$31.9 billion in 2023, up from US$31.9 billion total for Q4, but lower than pre-pandemic peaks in places like New York.
• Future Outlook (2024):
  • Expected pivot to lower debt costs may invigorate markets, offsetting recent slowdowns in key areas.
  • Challenges include ongoing economic headwinds and regulatory changes impacting luxury real estate globally.
• Global Implications:
  • Ongoing wealth creation trends, moving from prime to super-prime segments, suggest sustained interest in ultra-high-net-worth markets.

Data Digest Tables Reference:

• Quarterly sales volumes and values for key markets 2019–2023 are provided; full details can be found in the report. Markets vary in performance based on local economic factors and global wealth trends.