Christie’s International Real Estate published a superb compendium titled LUXURY DEFINED: AN INSIGHT INTO THE LUXURY RESIDENTIAL PROPERTY MARKET. This is a must read for anyone in the luxury real estate business or interested in buying or selling luxury properties. Christie’s is the world’s leading network of independent real estate companies dedicated to the sale and marketing of luxury residential real estate.
In this well researched study, Christie’s created an “Index” which synthesizes and compares key metrics on prices, inventory, buying trends, client profiles and lifestyles across ten important global cities. The cities: Dallas, Hong Kong, London, Los Angeles, Miami, New York, Paris, San Francisco, Toronto and the Cote d’Azur, were selected based on performance in eight categories that are measures of wealth.
You can read the full report in The Miami Herald by clicking here.
I’m a realtor-associate with Esslinger-Wooten-Maxwell (EWM), the Christie’s International Real Estate affiliate in Miami. If you would like to schedule a meeting to discuss the purchase or sale of luxury real estate in Miami, feel free to give me a call at (305) 898-1852 or email me a note at firstname.lastname@example.org.