New York Remains the World’s Top Super-Luxury Property Market
London, Los Angeles, Hong Kong and Miami complete the top five in Knight Frank’s annual index. New York retained its title as the world’s top super-luxury housing market last year—though it had to share the laurels with London, according to the latest index from Knight Frank. Both cities registered 43 sales of $25 million or […]
Luxury Property Buyers and Investors Hunt For Value
The High-Stakes Search for Value With the escalating prices and dwindling inventory on a global scale, the term luxury property has come under reevaluation in 2022. Affluent buyers are no longer just confined to the traditional blue-chip markets; they are venturing to lesser-known but promising locations. From the sprawling hills of North Carolina to the […]
What will luxury real estate look like in 2022?
Fueled by a scarcity of available homes, escalating housing prices, and a surge in demand for more spacious residences, the luxury real estate market has undergone a transformative shift that is likely to have long-term ramifications. In 2021, this trend was further amplified by exponential growth in global wealth. Research by Wealth-X, commissioned by Coldwell […]