Real Estate
September 19, 2022
The sale of a 15,700-square-foot home in Paradise Valley, Ariz. for a record-breaking $21 million is one of the transactions profiled in Christie’s 2022 Mid-Year Luxury Trends Report. Image courtesy of Christie’s International Real Estate
By Amirah Keaton
Despite dreary economic outlooks for the upcoming year, luxury real estate is set to continue thriving, as affluent buyers increasingly seek low-risk assets with high yields, according to luxury brokerage Christie’s International Real Estate.
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","iv":"1e61396369fb38ff6994ad4cbae1f47e","s":"f2048b42e9103749"}
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