-
Sales of $100 Million Homes Rise to Record Worldwide
The ultra-luxury housing market is scaling new heights as a record number of properties around the world command prices topping $100 million. Demand for mega-mansions and penthouses has accelerated as wealthy buyers seek havens for their cash and search for alternative investments such as art and collectible real estate, according to a report Thursday by Christie’s International Real Estate, owned by auction house Christie’s. Five homes sold for more than $100 million last year, with at least 20 more on the market with nine-figure asking prices, the brokerage said. “You’re looking at a universe of over 1,800 ... (full story)
