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.
Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region
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Knight Frank. (March 14, 2024). Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/
Knight Frank. "Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region." Chart. March 14, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/
Knight Frank. (2024). Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/
Knight Frank. "Share of Ultra-high Net worth Individuals (Uhnwis) Who Bought a New Home Worldwide in 2023, by Region." Statista, Statista Inc., 14 Mar 2024, https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/
Knight Frank, Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region Statista, https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/ (last visited December 21, 2024)
Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region [Graph], Knight Frank, March 14, 2024. [Online]. Available: https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/