Global Luxury Housing Cools in Q3 as New York Holds Strong

The latest Global Super Prime Intelligence report tracks residential sales above ten million dollars across twelve major luxury markets. Q3 recorded four hundred seventy four sales totaling eight point five billion dollars, marking a notable decline from Q2. Even with this cooling phase, activity remains higher than pre pandemic norms and varies noticeably by city.

Key Points
• Global super prime sales fell twenty one percent in volume and twenty nine percent in value compared with Q2
• New York logged seventy four luxury sales above ten million dollars, second only to Dubai
• Strong Wall Street compensation continues to fuel New York demand despite quarterly fluctuations
• London saw momentum stall due to tax uncertainty and shifting policy signals

Overall, Q3 reflects a pause rather than a downturn with New York positioned to lead any rebound as financial markets strengthen. Policy clarity will remain the key force shaping super prime performance through 2026.

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_{By: Liam Bailey | Knight Frank | November 26 2025}

_{Photo: Courtesy of Housing Wire}