The worldwide luxurious actual property market noticed a slight dip within the current quarter, with 362 properties over $10 million bought throughout 12 markets.

Based on Knight Frank, an actual property consultancy agency, this represents a 2.4% lower from final yr.

Key cities like London and Singapore skilled declines of their superprime dwelling gross sales. London’s gross sales dropped to 51 from final yr’s 63, whereas Singapore’s fell to 13 from 34.

New York additionally witnessed a downturn in luxurious property transactions. Regardless of this international pattern,

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