09/08/2021
Sales of the most expensive real estate in the world doubled in a year. New York is in the lead
Since the beginning of the year, 785 properties worth more than $ 10 million each have been sold in New York, Los Angeles, Hong Kong, London, Sydney, Singapore and Dubai. This was reported by Forbes with reference to a study by Knight Frank.
This is more than twice the number of expensive apartments and houses sold in these cities over the same period in 2020, and 52% more than in 2019.
How much is spent
In total, in the first six months of the year, wealthy buyers spent $ 13.8 billion on expensive real estate.
"We expect the prime sales in the prime segment to end at a high level in 2021," said Knight Frank Head of Research Liam Bailey.The largest increase in purchases of expensive housing was recorded in New York, where in six months were purchased 202 such properties.The other day a penthouse in a skyscraper on 432 Park Avenue worth $ 169 million was put up for sale in the city, and a buyer for an apartment of 767 square meters. m for this price is likely to be found: according to a study by Corcoran Group, cited by Forbes, this year in Manhattan has already sold 220 penthouses.
A joint report by real estate firm Miller Samuel and brokerage firm Douglas Elliman said that the average price of apartments in Manhattan in the second quarter of this year reached a record $ 999,000.