2025-01-14-莱坊-Global_Super-Prime_Intelligence_Q3_2024_2页_276kb

Summary of Knight Frank's Global Super-Prime Intelligence 2024 Q3 Edition

Market Overview

• Q3 2024 saw a decline in US$10 million+ residential sales volume (-18%) and value (-17%) compared to Q2 2024, reflecting a cooling global luxury real estate market.
• London was the only market with a quarter-on-quarter increase in sales volume, but average sale prices remain below pre-pandemic peaks.

Key Regional Insights

• United States: Election uncertainty impacted markets, with no overall increase in sales. Los Angeles and New York City showed modest year-on-year improvements, while Palm Beach (lowest sales since late 2022) and Miami experienced significant declines (Miami sales dropped ~60% vs. Q3 2023).
• Dubai: Markets transitioned toward more sustainable growth, with sales volumes tripling over the 12 months to September 2024 compared to 2021 and doubling vs. 2022, though prices are still below pre-pandemic highs.

Other Markets Summary

• Geneva, Hong Kong, Singapore, and Sydney showed modest sales and value figures.
• Paris and Orange County experienced lower volumes, with Palm Beach rebounding slightly below its peak.
• All global markets combined recorded a total of 406 sales in Q3 2024, down from Q2 but still showing relative stability amid global headwinds.

Data Trends

• Tables provided for quarterly and annualized sales data from 2020 to 2024, highlighting fluctuations and recovery trends across all 12 tracked cities.