Main Content

NEW REPORT: LUXURY HOME SALES WORLDWIDE GROW BY 11%

Beautiful Home

The population of potential luxury home buyers—from billionaires to the less but still affluent—has swelled worldwide in recent years. According to Forbes, the ranks of the world’s billionaires grew to number 2,208 in 2018, and their combined net worth rose to US$9.1 trillion, up 18% from the year prior.

As revealed in Luxury Defined 2018—our latest annual report on the international luxury real estate sector—record-breaking equity markets expanded the wealth of the high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals in 2017, acting as a demand accelerator for luxury property markets the world over. Overall prime property sales worldwide were up by 11% in 2017, the highest year-on-year growth levels since 2014.

Mahan Jalilian Logo

Get In Touch