NYC Ranks #1 For Big Home Prices!

Posted: March 26, 2015 | Source: therealdeal.com

According to a new report from Knight Frank, New York City was the #1 city in the world with an increase of 18.8 percent in luxury home prices in 2014. Aspen, Colorado came in at #2 at 16 percent appreciation, San Francisco was #6 at 14.3 percent and Los Angeles was #10 at 13 percent. The highest ranked non-U.S. cities were Bali and Istanbul, both with 15 percent luxury home price increases.