AP The Prime Global Cities Indexrose 4.8% over the 12 months through March. Seoul ranked number one on the index, with luxury house prices soaring 25%. But in some cities, prices of high-end houses are falling quickly. Prices boil over in some cities and hot air hisses out of others. So how is the luxury housing market doing in the top cities around the world, as they’re facing “significant risks ahead in the form of rising debt, inflation, and greater housing market regulation?” Knight Fr...
Luxury home prices are skyrocketing in some cities and dropping sharply in others
Business Insider - 13 May 2018 14:34
AP The Prime Global Cities Indexrose 4.8% over the 12 months through March. Seoul ranked number one on the index, with luxury house prices soaring 25%. But in some cities, prices of high-end houses are falling quickly. Prices boil over in some cities and hot air hisses out of others. So how is the luxury housing market doing in the top cities around the world, as they’re facing “significant risks ahead in the form of rising debt, inflation, and greater housing market regulation?” Knight Fr...
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