Ultra-prime residential property markets closed the year with a surge in blockbuster transactions, even as annual momentum cooled modestly from mid-year highs, underscoring a bifurcated global luxury housing landscape shaped by tax policy, cross-border capital flows and shifting investor sentiment.
Global sales of super-prime homes--properties valued at $10 million and above--continued their upward momentum in the second quarter of 2025, according to international property consultancy Knight Frank.
Global super-prime real estate--homes sold for $10 million or more--surged into 2025 with strong momentum, as rising wealth and investor appetite fueled luxury transactions across key global cities.
Based on new data from global property consultant Knight Frank, 463 sales of properties valued at $10 million or more were recorded in the three months leading up to June 2024 across 11 key markets. This figure is slightly lower than the 476 sales recorded in the previous quarter.