Forecast Report

Global Prime Residential Forecast

• Dubai leads the price forecast for 2023 with 14% growth envisaged, while Auckland (+10%) is the frontrunner for 2024.

• Cautious optimism is emerging as prime buyers consider economic headwinds to be easing, while supply remains constrained in several cities.

• Cash buyers as a proportion of all prime sales, have risen from 46% to 52% in the latest six months according to our research network.

• Elections rank as the biggest potential risk to prime markets in 2024, with the relaxation of tax and property regulations considered the biggest opportunity.