The Middle East was the fastest growing luxury residential real estate market worldwide in 2023, the project in the development pipeline accounting for 60 percent of all projects in the region. Europe followed closely at nearly 50 percent. Latin America came next at 46 percent, while North America accounted for one-third of the projects in the pipeline.
Fastest growing luxury branded residential real estate markets worldwide in 2023
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Percentage of projects in pipeline
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Knight Frank. (July 3, 2023). Fastest growing luxury branded residential real estate markets worldwide in 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1415178/growing-markets-luxury-real-estate-worldwide/
Knight Frank. "Fastest growing luxury branded residential real estate markets worldwide in 2023." Chart. July 3, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1415178/growing-markets-luxury-real-estate-worldwide/
Knight Frank. (2023). Fastest growing luxury branded residential real estate markets worldwide in 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1415178/growing-markets-luxury-real-estate-worldwide/
Knight Frank. "Fastest Growing Luxury Branded Residential Real Estate Markets Worldwide in 2023." Statista, Statista Inc., 3 Jul 2023, https://www.statista.com/statistics/1415178/growing-markets-luxury-real-estate-worldwide/
Knight Frank, Fastest growing luxury branded residential real estate markets worldwide in 2023 Statista, https://www.statista.com/statistics/1415178/growing-markets-luxury-real-estate-worldwide/ (last visited July 22, 2024)
Fastest growing luxury branded residential real estate markets worldwide in 2023 [Graph], Knight Frank, July 3, 2023. [Online]. Available: https://www.statista.com/statistics/1415178/growing-markets-luxury-real-estate-worldwide/