21 Places Where Rich People Are Buying the Most Real Estate

You might think of cities like New York and London when you think of hubs for the ultra-rich, and while this is true, there are many other places around the world where the extremely wealthy are buying up luxury properties.

To get insights into where the rich are buying real estate, GOBankingRates turned to the Knight Frank Prime International Residential Index, which tracks movements in luxury prices across the world’s top residential markets. Here’s a look at where luxury prices have increased the most over the past year, an indication that more wealthy people are flocking to these locales.

• Change in luxury real estate prices: 26.3%

• Change in luxury real estate prices: 15.9%

• Change in luxury real estate prices: 15%

• Change in luxury real estate prices: 12.3%

• Change in luxury real estate prices: 12.3%

• Change in luxury real estate prices: 12%

• Change in luxury real estate prices: 12%

• Change in luxury real estate prices: 10%

• Change in luxury real estate prices: 8.6%

• Change in luxury real estate prices: 8%

• Change in luxury real estate prices: 8%

• Change in luxury real estate prices: 7.4%

• Change in luxury real estate prices: 7.2%

• Change in luxury real estate prices: 7%

• Change in luxury real estate prices: 6.7%

• Change in luxury real estate prices: 6.5%

• Change in luxury real estate prices: 6.4%

• Change in luxury real estate prices: 6.2%

• Change in luxury real estate prices: 6.2%

• Change in luxury real estate prices: 6%

• Change in luxury real estate prices: 6%

Data is sourced from Knight Frank’s Prime International Residential Index and is accurate as of March 5, 2024.