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A forecast for the growth of prices for luxury real estate in key global markets has been published

20.12.2023
Homesoverseas.ru editorial office
159

According to Knight Frank's forecast, the leaders of luxury real estate price growth in 2024 will be:

Auckland (+10%)

Mumbai (+5.5%)

Dubai (+5%)

Madrid (+5%)

Sydney (+5%)

Stockholm (+4.5%)

Miami (+4%)

Melbourne (+3%)

Monaco (+3%)

Lisbon (+2.5%)

Among the 25 cities tracked, analysts singled out Auckland. The expected surge in this market should be understood as a correction, compensation after a strong fall. Dubai, the leader of 2023, moved to the third position. Among the European cities, Madrid and Stockholm took the highest places. These cities offer relatively moderate housing prices, high quality of life and no restrictions for foreign buyers of real estate.

Source: Knight Frank

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