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Hong Kong Overtakes London As World's Top Luxury Home Market

Victoria Harbor and the skyline on Hong Kong island in 2016. (Anthony Wallace/AFP/Getty Images)
Victoria Harbor and the skyline on Hong Kong island in 2016. (Anthony Wallace/AFP/Getty Images)

For the first time, Hong Kong has surpassed London as the world’s No. 1 market for luxury homes, according to a report by Christie’s International Real Estate. A record number of homes sold for $100 million or more in Hong Kong in 2016.

Here & Now‘s Jeremy Hobson talks with Dan Conn, CEO of Christie’s International Real Estate, about the global market for luxury homes and who’s buying them.

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