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Meanwhile, Freddie Mac believes home costs will increase at a slower pace of two.6% in 2024, down from 5.4% in 2023 versus the year prior. Super Luxury Home Sales Spike 11 Percent Worldwide in Q4 Based on new data from international property marketing consultant Knight Frank, world super-prime ($10m+) residential gross sales rose 11% in Q on a year-on-year basis. There have been 411 gross sales across the 12 markets lined in the three months to December compared to 370 in the identical interval in 2022. Existing house sales fell in today’s report, but home costs are still up 12 months over 12 months, even with higher stock and better mortgage charges.

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