Global Market Pulse


Luxury Portfolio International, our partner in marketing luxury properties, is always monitoring the pulse of luxury real estate. This time they highlight three of the world’s top international markets: Paris, San Francisco and Tokyo.

 

 

Paris  

Highest sale in past 12 months: $52 million

International buyers are coming from: United Arab Emirates, Brazil and the U.S.

The market is currently: a buyer’s market

Top 10% of inventory across the market: About $25,000 per square meter

The bottom line: Foreigners are back and no longer concerned about new tax laws

 

 

San Francisco

Highest sale in past 12 months: San Francisco – $15 million, Bay Area – $40 million

International buyers are coming from: China mostly, but other parts of Asia, as well

Luxury buyers are looking for homes with: Smart technology, spectacular views, wine cellars and home theaters

Top 10% of inventory across the market: $7.5 million and above

The bottom line: Tech money from Silicon Valley is driving a white-hot Bay Area market

 

 

Tokyo

Highest sale in past 12 months: $10 million

International buyers are coming from: China, Hong Kong and Taiwan, with recent activity from the U.S. and UK

Luxury buyers are looking for: Condos in multipurpose developments

The bottom line: Much of the luxury inventory never makes it to market, but there’s more activity now than any other time in the past six or seven years

 

The Ebby Halliday Companies is the exclusive member of Luxury Portfolio International in North Texas. Luxury Portfolio membership is by invitation only and is limited to the very best residential real estate companies worldwide. When buying or selling property outside of Dallas-Fort Worth, Ebby Halliday’s world-class connections can help with real estate needs across North America and to points around the globe. To learn more about Luxury Portfolio International and to discover extraordinary properties for sale worldwide, visit luxuryportfolio.com.

Luxury Real Estate Network Extends Asia Outreach


Shanghai Skyline post

 

Luxury Portfolio International, Ebby Halliday’s partner in marketing luxury properties, has introduced several key initiatives that strengthen the luxury network’s outreach to Asian consumers. The initiatives include a corporate office in Singapore, a greatly expanded online presence in the region and an upcoming conference in Shanghai. The strategic growth is in response to the increasingly influential Asian market and its impact on economic and housing markets worldwide.

 

Through its parent company Leading Real Estate Companies of the World, Luxury Portfolio now has a corporate office in Singapore, giving the network a base in the Asia Pacific region. The office serves existing network members in Hong Kong, mainland China, Singapore, Japan, India and New Zealand and supports the network’s aggressive expansion plans in emerging countries such as Philippines, Indonesia, Malaysia and Thailand.

 

Luxury Portfolio’s online reach has been extended through a newly announced agreement with Juwai.com, which allows all of the luxury program’s listings to be marketed on the No. 1 website for Chinese who are buying property outside of China. Juwai.com markets 2.4 million listings in 53 countries to a monthly audience of 1.5 million; 82 percent of its users are mainland Chinese.

 

Luxury Portfolio brokers and sales associates will have a unique opportunity to experience Chinese culture firsthand at the inaugural Luxury Portfolio Immersion Conference, July 20-22, in Shanghai. The event is designed to give participants a deeper understanding of Asian cultures with economic, lifestyle and cultural insights that will help them better serve this clientele.

 

Luxury Portfolio is a network of 200 premium real estate agencies with properties in 47 U.S. states and 30 countries. The network’s listings have a total value of more than $44 billion, with an average price over $2.6 million. To learn more about Luxury Portfolio and to see more of some of the world’s most-spectacular properties currently for sale, visit luxuryportfolio.com.