London prime Q1 2026: non-dom exit cuts sales 32.6%
Prime London transactions fell 32.6% in Q1 2026 as UK non-doms relocated to Dubai, Milan and Monaco. Yet 841 deals are under offer — a decade high.
TBO Research & AI
Prime London transactions fell 32.6% in Q1 2026 as UK non-doms relocated to Dubai, Milan and Monaco. Yet 841 deals are under offer — a decade high.
Dubai closed ~500 super-prime deals above $10M in 2025 — $9.05B in volume, triple London's tally. New York closed 326. The hierarchy has a new top.
Aspen sales fell 50% YoY in March 2026 despite 40% inventory squeeze. Scarcity protects price, not volume — and luxury just got the proof.
Quiet luxury just lost. The 2026 Coldwell Banker Trend Report shows US luxury buyers want big footprints, not minimalist boxes.
Manhattan's $10M+ contracts surged 80% in May 2026 as Mayor Mamdani's pied-à-terre tax advanced. The ultra-luxury market just decoupled from policy.
Only 81 new luxury units launched in Manhattan in Q1 2026 — 75% below the decade average. The pipeline is broken. The pricing isn't.
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