ULTRA LUXURY November 29, 2022

These are shaping up to be the best and worst luxury real estate markets for 2023

 

 

Wealthy investors betting on luxury real estate would do best by putting their money in Dubai or Miami next year, according to a new report.

In a ranking 25 of the world’s top luxury, or “prime,” real estate markets, Dubai topped the list, with prices expected to increase 13.5% in 2023, according to real estate consultancy Knight Frank. Miami ranked second, with prices expected to increase 5%. Dublin, Lisbon and Los Angeles followed, with 4% expected increases.

 

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