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Forecasts at the second are predicting the tempo will slow even further this yr. That’s as a end result of builders are struggling to finance tasks due to high interest rates, inflation has pushed up the value of building supplies and a labour crunch continues to hamper the development business. Super Luxury Home Sales Spike eleven Percent Worldwide in Q4 Based on new data from worldwide property marketing consultant Knight Frank, global super-prime ($10m+) residential gross sales rose 11% in Q on a year-on-year basis. There were 411 gross sales throughout the 12 markets covered within the three months to December compared to 370 in the identical interval in 2022.