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Luxury house prices worldwide show further signs of stabilization in Q3

The wealthy and UHNWI are fairly resilient to market trends as long as their stock portfolios and key asset values hold up. Image: Shutterstock The wealthy and UHNWI are fairly resilient to market trends as long as their stock portfolios and key asset values hold up. Image: Shutterstock

 

Tight inventory in luxury housing, high interest and mortgage rates, a generously spending U.S. consumer and retail as commercial real estate’s star performer have caught the eye of the head of global research at British property consultant Knight Frank.