World City From Luxury house price index

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The following is the World City From Luxury house price index recommended by recordtrend.com. And this article belongs to the classification: Life data, research report.

Travel all over the world, look through the mansion! Whether it’s an urban apartment with a beautiful view of New York’s Central Park, or an exquisite residence in the heart of Paris. The attractiveness of real estate in international metropolis for buyers and investors remains the same. As the owner of the city’s top gene, luxury house has been sought after by the global rich!

Savills closely tracks the trend of luxury house prices in 28 cities around the world and publishes the report “luxury house price index: World Cities” for reference by buyers and investors around the world.

Epidemic situation, global resonance! Novel coronavirus pneumonia has been used to hedge against the impact of the new crown pneumonia epidemic. With the global interest rate cut approaching, medium and long-term investment opportunities can be revealed. With the housing loan interest rates of various countries about to show a downward state, from the global perspective, investment in real estate will be further activated!

Recently, the world Research Institute of our company has followed and inspected the luxury housing markets in 28 key cities around the world, and produced this issue of the first Pacific Davis luxury house price index: World cities, mapping the trend of international luxury housing market, and exploring the trend of global real estate!

Under the price of luxury housing, which cities are the most prominent?

Hong Kong still takes the lead: Hong Kong, with scarce land resources, is still the “king of high prices” in the luxury housing market. Despite a wave of decline in 2019, the price of luxury housing is still 84% higher than that of New York, the second largest city in the world!

Paris’s overseas strength: the price of luxury houses in Paris is about 17% lower than that in London, ranking third among European cities and eighth among 28 cities.

Shanghai, the first city of luxury housing in China: Shanghai ranks first in the price of luxury houses in mainland China, and the total index ranks sixth. Shanghai luxury house prices have risen 81% in the past decade!

Spanish city with high cost performance of luxury housing: compared with Europe and the world, luxury houses in Spanish cities have higher cost performance ratio.

The turning point of the luxury housing market in London has reached: the prices of luxury houses in London have fallen all the way since 2014 and are now about $1920 per square foot, about 25% lower than that in New York. Now the political situation tends to be stable and the market uncertainty has dissipated, which seems to have ushered in an inflection point. In terms of price, both horizontal and vertical comparison, the cost-effectiveness advantage has been very obvious.

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