Major global markets that once seemed insulated from the housing slump are getting caught in the slowdown. Cities like London, Hong Kong and New York are grappling with a more tepid market, Bloomberg reported. According to a Knight Frank index of high-end properties in 43 cities, luxury residential prices are growing at the slowest rate since 2012. “If New York and London are catching a cold, the primacy is large enough that they might have […]
source https://therealdeal.com/2019/01/19/even-these-high-end-markets-are-catching-a-cold-amid-the-housing-slump/
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