Luxury residential property market: London, New York and Côte d’Azur – the highest record home sale prices

Top global destinations lead resurgence in luxury residential property market, reports Christie’s International Real Estate in a new study on the global prestige residential market. Entitled Luxury Defined: An Insight into the Luxury Residential Property Market, the report compares 10 of the world’s top property markets—London, New York, Hong Kong, Paris, San Francisco, Cote d’Azur, … Read more

World’s most expensive cities: five European countries were ranked as among the most expensive

Because of demand from wealthy buyers taking advantage of tax privileges, Monaco maintained its title as the world’s most expensive luxury residential market for the fourth straight year. In recent study made by Global Property Guide, the world’s most expensive cities are still in Europe in spite the debt debacle and austerity measures imposed by … Read more

London luxury residential market Surge to Record on foreign buyers

London ‘Super Prime’ Home Sales Surge to Record on Overseas Purchasers Overseas buyers make up 65 percent of the London market for homes costing more than 5 million pounds Buyers from the Middle East, North Africa, Eastern Europe and former Soviet Union are pushing prices in London ‘Super Prime’ Home Sales to new records. Values … Read more