Miami Luxury Real Estate Prices Post 3rd Largest Percentage Increase in the World in 2011

March 29, 2012

The luxury real estate market in Miami had a remarkable year in 2011 and now, thanks to an annual report released by real estate consultants Knight Frank, we know how it compared to other international markets.  The Wealth Report 2012 showed that Miami luxury real estate prices in 2011 increased 19.1 percent from the year before.  The increase was the third largest when compared to other international luxury real estate markets, well ahead of London and Vancouver. Luxury properties in Miami are finally on the radar of the world’s elite!