luxury home auctions became common after the housing crash in ’08, when there was a glut of million-dollar-plus homes that had descended in value, and even the wealthiest buyers weren’t in the.
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Buy. Follow Us. English. Espaol. Mansion Global Daily: Paris Luxury Growth Predicted, Mortgages Fall in the U.K. and More.. Luxury Home Prices in Paris Predicted to Grow 6% by Year’s End.
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About 18 per cent of high-net-worth individuals (HNWI), some 1,706 individuals, invested in local luxury residential units last year, snapping up a chance occasioned by price fall in high-end homes.
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