NYC remains the most expensive real estate market in world: Report

Source: New York Post — 

The Big Apple has retained its crown as the world’s priciest housing market.

New data has determined that, in 2022, more ultra-prime property transactions were conducted in New York City than anywhere else on Earth.

On Wednesday, real estate brokerage Douglas Elliman and consultant agency Knight Frank released the 17th edition of their annual Wealth Report, an analysis of current trends within the highest echelon of the residential real estate market. Among other findings, the report ranked the leading 10 global locations for home sales over $10 million (also known as “super-prime” sales) and $25 million (“ultra-prime” sales).