International Markets

Only a few nations saw their UHNW population fall last year;

Rich Americans are piling back into international real estate markets, with a remarkable 92% US-based HNWIs now considering a property purchase abroad, according to a new survey by Coldwell Banker.

The likelihood of a severe real estate slump is lower now than at the time of the Global Financial Crisis, but a significant drop in residential investment is 'plausible' next year, says Oxford Economics.

'We are witnessing the owner-occupied housing boom finally under pressure globally,' says UBS, which warns of 'significant price corrections' in a majority of the highly-valued global cities in the coming…

Those buying in US dollars can get much more bang for their buck this year - especially in London's most expensive neighbourhoods...

Knight Frank's latest Prime Global Rental Index shows a slight dip in the pace of luxury rent inflation across ten international cities.

High-end buyers are feeling 'sticker shock' as mortgage rates rise.

London has fallen further down the wealthiest city rankings, with fewer millionaires now calling the UK capital home than New York, Tokyo and San Francisco.

'With home prices at or near peak levels in many luxury markets, high-end buyers around the globe are discovering markets where they wield more buying power,' reports Christie's International Real Estate.

"Global housing markets have wrongfooted us this quarter," says the Knight Frank research team, as property markets continued to post strong growth.

The world is getting back to something like its pre-Covid self, according to researchers at the Economist Intelligence Unit.