Christies

Christies - Luxury Defined 2017

Q2 2017

Global Luxury Real Estate Market Report: Luxury Defined 2017

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What is the hottest luxury real estate market in the world? What is the price point for a true luxury property around the world? How definite are the basic assumptions about luxury real estate markets? Where are the world’s greatest second-home lifestyle markets?

Luxury Defined, Christie’s International Real Estate’s fifth annual white paper, seeks to answer these questions and provide exclusive insights into the world’s greatest luxury real estate markets. By synthesizing the data of over 100 luxury real estate brokerages around the globe, Luxury Defined offers crucial observations and statistics that are invaluable for positioning Christie’s International Real Estate and its Affiliate network as the global leader in luxury real estate.

Highlights from the report include:

  • Toronto ranks as the “hottest” performing luxury real estate market worldwide, followed closely by Victoria B.C., San Francisco, and Austin.
  • For the first time ever, Hong Kong prevails as the world's top ranking city for luxury real estate.
  • An assessment of the truisms and adages of the luxury real estate market place.
  • The US$100 million home: A look back at a decade of trophy home sales, and projections for the future of this ultra-exclusive market segment.

To read the full edition, please click here.