London Dominates The Global Luxury Property Market
When super rich people search for luxury property, they often set their eyes on London. Last year, more luxury real estate was sold in the British capital than anywhere else in the world. 1,638 properties valued in excess of $5 million were sold in London in 2014 compared to 796 in Manhattan and 596 in Hong Kong, according to a report from Knight Frank.
Description
This chart shows the number of properties valued at $5+ million sold in 2009 and 2014.
Average flat price and annual percentage change in London 2024, by borough
Number of residential property sales per year in London, England 1995-2023
Mainstream residential property price change forecast London 2024-2028
London (UK) office property: largest investment deals 2023
Residential real estate price change in London 2024, by borough and property type
Number of employees in the U.S. property and casualty insurance industry 2005-2023
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