According to Douglas Elliman and Knight Frank’s latest research, global super-prime (US$10m+) residential sales grew by 11% in Q1 2023 compared to the previous quarter, with 417 sales taking place across 12 key markets tracked. The strongest market for sales at this level of the market in Q1 this year was Dubai with 88 sales taking place, followed by Hong Kong (67), New York (58), Los Angeles (46) and Singapore (37). London comes mid-table with 36 transactions taking place above US$10m over the period.
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