Share of UHNWIs who bought a new residential property worldwide 2023, by region
According to a survey conducted among over 600 private bankers, wealth advisors and family offices representatives worldwide, approximately one in four ultra-high net worth individuals (UHNWIs) worldwide made a new home purchase in 2023. In Australasia, the share of new luxury home buyers stood at 17 percent. The average UHNWI owned 3.7 residential properties in that year, but in Africa and Latin America, this figure was higher.