According to a survey conducted among over 600 private bankers, wealth advisors and family offices representatives worldwide, approximately 22 percent of ultra-high net worth individuals (UHNWIs) worldwide were planning to purchase a new home in 2024. In Africa, the share of prospective luxury home buyers was the highest at 32 percent, respectively. Overall, the share of UHNWIs who actually bought a home in 2022 was slightly lower, showing a decline in sentiment.
Share of ultra-high net worth individuals (UHNWIs) planning to buy a new home worldwide in 2024, by region
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Share of UHNWIs
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Knight Frank. (March 14, 2024). Share of ultra-high net worth individuals (UHNWIs) planning to buy a new home worldwide in 2024, by region [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1231692/uhnwis-planning-home-purchase-worldwide-by-region/
Knight Frank. "Share of ultra-high net worth individuals (UHNWIs) planning to buy a new home worldwide in 2024, by region." Chart. March 14, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1231692/uhnwis-planning-home-purchase-worldwide-by-region/
Knight Frank. (2024). Share of ultra-high net worth individuals (UHNWIs) planning to buy a new home worldwide in 2024, by region. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1231692/uhnwis-planning-home-purchase-worldwide-by-region/
Knight Frank. "Share of Ultra-high Net worth Individuals (Uhnwis) Planning to Buy a New Home Worldwide in 2024, by Region." Statista, Statista Inc., 14 Mar 2024, https://www.statista.com/statistics/1231692/uhnwis-planning-home-purchase-worldwide-by-region/
Knight Frank, Share of ultra-high net worth individuals (UHNWIs) planning to buy a new home worldwide in 2024, by region Statista, https://www.statista.com/statistics/1231692/uhnwis-planning-home-purchase-worldwide-by-region/ (last visited August 24, 2024)
Share of ultra-high net worth individuals (UHNWIs) planning to buy a new home worldwide in 2024, by region [Graph], Knight Frank, March 14, 2024. [Online]. Available: https://www.statista.com/statistics/1231692/uhnwis-planning-home-purchase-worldwide-by-region/