U.K. real estate prices have remained sluggish in May, according to a report from Nationwide released Friday. Prices edged up 0.6% compared to the same time last year, marking the sixth consecutive month price growth hasn’t broken past 1%, the bank and mortgage provider said. For the majority of last year—with the exception of December—house
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Monaco remains the world’s most expensive prime residential market, with a typical home costing €48,800 per square meter (US$5,000 per square foot), a price that’s double that of Paris and London, according to highlight of a study by Savills released Friday. The average sales price in the tiny sovereign city-state—only encompassing less than 500 acres
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In Manhattan, there are around 500 homes asking $10 million and up, and a surfeit of mega-pricey properties is also appearing in Los Angeles and Miami. The growing glut of wildly expensive homes begs the question: Are there enough people who can afford them? Perhaps eventually. Despite a darkening economic outlook globally, wealth creation is
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After taking a few price cuts over the past year, the Louisville, Kentucky, home of the late Muhammad Ali has finally found a buyer. The home went under contract Monday and was last priced at $1.75 million in February, according to public listing records. Ali’s widow, Lonnie Ali, first listed the home in September 2016
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Actor Bruce Willis and his wife Emma are listing their 22-acre country estate near Bedford Corners, N.Y., for $12.95 million as the couple plans a move to the West Coast. “The only reasons we are giving it up is because we are so far from our California family, which is why we have decided to
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Both of Katy Perry’s neighboring Los Angeles homes are now in the hands of a new owner—Michael Chow, founder of the Mr. Chow restaurant chain. Mr. Chow paid a total of $12.704 million for his new homes, according to public listing records. The larger of the two went for $9.404 million, closing on March 4,
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The largest penthouse loft at Tribeca’s star-studded 443 Greenwich Street is back on the market after only two years, this time with a significantly higher asking price—$57 million. The apartment, referred to as PHH, sold on March 10, 2017, when it was brand new, for $43.9 million, according to property records. Mansion Global was not
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