Luxury real estate price change worldwide 2023, by city

Published by Statista Research Department, Apr 29, 2024

In Manila, luxury home prices surged by over 26.3 percent between December 2022 and December 2023, making it the fastest growing luxury real estate market worldwide. In the United States, Miami was the market where prices rose the most during that period. Shanghai was the Asia-Pacific (APAC) city that experienced the most price growth in the luxury market, amounting to 8.6 percent.

Luxury real estate price change in selected cities worldwide in 2023

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Release date

2024

Region

Worldwide

Survey time period

2023

Supplementary notes

Price changes are calculated in local currency and refer to the period 31 December 2022 to 31 December 2023 unless otherwise stated. 

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