From CNN/MONEY.com
It's a particularly good time to be a luxury homeowner in San Francisco.
The Californian city tops Knight Frank's Prime Global Cities Index of prices for high-end real estate around the world.
Tech industry money has been pouring into San Francisco, helping push up the median asking price to more than $1 million.
The list features other cities with strong tech sectors, as well as emerging markets where new wealth is blossoming, and foreign investment hotspots.
It's a particularly good time to be a luxury homeowner in San Francisco.
The Californian city tops Knight Frank's Prime Global Cities Index of prices for high-end real estate around the world.
Tech industry money has been pouring into San Francisco, helping push up the median asking price to more than $1 million.
The list features other cities with strong tech sectors, as well as emerging markets where new wealth is blossoming, and foreign investment hotspots.
These following cities worldwide boast some of the hottest luxury housing markets, based on where home prices are rising by some of the highest amounts in the past 12 months:
- San Francisco: 14.3% (price rise)
- Bangalore, India: 13.6%
- Miami: 12.2%
- Vancouver, Canada: 11.8%
- Jakarta, Indonesia: 11.2%
- Tel Aviv, Israel: 10.2%
- Tokyo, Japan: 8.1%
- Dublin, Ireland: 8%
