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How the world's top 15 luxury housing markets will perform in 2020

Business Insider Logo By Katie Warren of Business Insider | Slide 1 of 16: 
  
    
    Global consultancy firm Knight Frank forecasted how the
    world's top-tier luxury real-estate markets will perform in
    2020.
  
  
    Paris will
    be the world's hottest luxury housing market in 2020, with
    prices expected to grow by 7%, according to the 
    report.
  
  High-end real-estate in the French capital is booming thanks
  to low interest rates, economic stability, and a limited supply
  of prime properties.
  
  
    Berlin
    and Miami are
    also expected to see strong price growth.
  
  Cities like New York
  City, Vancouver,
  Dubai, and
  London, on
  the other hand, are expected to see a decline in prime property
  prices.
  
  
    Visit
    Business Insider's homepage for more stories.
  

  
  Political instability in Hong Kong, ongoing 
  Brexit negotiations, and 
  trade tensions between the US and China made 2019 
  an uncertain year for luxury real estate around the world,
  according to global real-estate consultancy firm Knight Frank.

  In its recent 
  Prime Global Forecast 2020 report, Knight Frank looked ahead
  to how the world's top prime housing markets will perform in the
  next year.

  Paris is
  expected to have the world's strongest luxury real-estate market
  in 2020, thanks to low interest rates, economic stability, and a
  limited inventory of high-end properties, according to the
  report.

  Berlin and
  Miami are
  also forecasted to have strong years. Cities like New
  York, Dubai, and
  London, on
  the other hand, are expected to see prices go down. 

  Here's how the world's top luxury housing markets are expected to
  fare in 2020, ranked in ascending order by expected price growth.

Political instability in Hong Kong, ongoing Brexit negotiations, and trade tensions between the US and China made 2019 an uncertain year for luxury real estate around the world, according to global real-estate consultancy firm Knight Frank.

In its recent Prime Global Forecast 2020 report, Knight Frank looked ahead to how the world's top prime housing markets will perform in the next year.

Paris is expected to have the world's strongest luxury real-estate market in 2020, thanks to low interest rates, economic stability, and a limited inventory of high-end properties, according to the report.

Berlin and Miami are also forecasted to have strong years. Cities like New York, Dubai, and London, on the other hand, are expected to see prices go down.

Here's how the world's top luxury housing markets are expected to fare in 2020, ranked in ascending order by expected price growth.

(Editor's note: All figures in U.S. dollars unless otherwise indicated. Please check out our Currency Converter  for the latest values.) 

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