According to Knight Frank’s 2024 Wealth Report, despite higher interest rates throughout 2023, most luxury real estate markets across the globe were quick to recover with the Philippines capital, Manila, experiencing the largest annual price increases.

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As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.

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Luxury goods and services cost more in Singapore according to the Julius Baer Global Wealth And Lifestyle Report 2024. 

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Welcome to a sanctuary of unparalleled luxury and timeless elegance, nestled within the lush, private, and gated community of Carlton Woods in The Woodlands, Texas. 

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May 2024 was a healthy month for the Oahu luxury real estate market.

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Miami has been predicted as the top location in America for luxury home buyers in 2024 according to Knight Frank’s 2024 Wealth Report. 

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The luxury real estate market in Beverly Hills has had an active year with multiple year-over-year increases.

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Though luxury sales in Manhattan, as well as inventory, decreased compared to March 2023, both the number of days on market and price per square foot increased year-over-year, according to a Corcoran report for Manhattan $5M+ Luxury Sales for March 2024.

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Home sales in the luxury real estate market are expected to increase throughout 2024 according to Coldwell Banker Global Luxury’s Trend Report. 

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While challenges of higher interest rates and lower listing inventory continue to affect luxury real estate markets across the globe, the majority of Christie’s International Real Estate affiliates look at the 2024 market with “opportunity and optimism”.

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Nestled among the rolling hills and pristine waters of Lake Travis, “Villa Del Lago” stands as a testament to opulence, elegance, and the natural splendor of its surroundings. Welcome to a world where every detail is meticulously crafted, every amenity carefully curated, and every moment an indulgence in luxury living.

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Discover the pinnacle of mountain living with this extraordinary mountain contemporary estate, expertly designed by Tahoe’s esteemed builder, John Brink.

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Calgary’s real estate market is expected to be busy throughout 2024 as the population continues to grow but inventory levels remain low. 

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Home buyers will have more options as more inventory becomes available for home buyers across the United States compared to last year with Denver, Colorado experiencing the highest year-over-year jump in new listings for January 2024, according to the recent Realtor.com report. 

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The number of luxury single-family homes sold in January remained the same as in December 2023. This is the first time since we’ve been keeping data that January has not had a decrease in sales compared to December, as shown in the chart. Read More »

Wealthy buyers showed continued interest in ultra-luxury real estate in America throughout 2023 as annual sales volumes increased in several markets year-over-year with the highest annual increase in Palm Springs, according to the 2023 Ultra-Luxury Report from Compass.

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Luxury Los Angeles Broker, and President and Founder of The Oppenheim Group, Jason Oppenheim announced the sale of their $28M Coronado listing, marking a new record for the most expensive home to ever sell in Coronado.

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The number of luxury single-family homes and condos decreased compared to November and the past several months. Median price and price per square foot were down 5% and 7% respectively for luxury homes.

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