The Traderszone Network

Published in TZ Latest News 30 April, 2015 by The TZ Newswire Staff

Sales of $100 million homes rise to record

Demand for mega-mansions and penthouses has accelerated as wealthy buyers seek havens for their cash and search for alternative investments such as art and collectible real estate, according to a report Thursday by Christie’s International Real Estate, owned by auction house Christie’s. Five homes sold for more than $100 million last year, with at least 20 more on the market with nine-figure asking prices, the brokerage said.

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