According to a report by Douglas Elliman and Knight Frank, super-prime home sales experienced global growth in the first quarter of this year, with New York City ranking among the top markets. The report highlighted an increase in demand for luxury properties in major cities worldwide, driven by factors such as low interest rates, limited inventory, and wealthy individuals seeking stable investments. New York City's super-prime market saw a surge in sales, suggesting continued confidence in the city's real estate sector.
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Read full Douglas Elliman and Knight Frank research report
