Where are the world’s ultra rich buying their luxury homes?
A recent whitepaper from Christie’s International Real Estate ranked the luxury markets around the world and not surprisingly, Sydney ranked in the top 10.
In fact it ranked number 6 again – it’s been in a simialr position for a few years now.
In the aftermath of Brexit, Christie’s noted that sales in London of $1 million+ primary homes declined by -35% in 2016.
For the first time ever, Hong Kong leads as the world’s top ranking city for luxury real estate:
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