Attractive cities such as: New York, San Francisco, Moscow, and Shanghai continue to have increasing house prices on high-end property contrary to the real estate slowdown in the United States.
Sue Foxley, head of residential-property research at Jones Lang LaSalle said, "It's quite an interesting irony that these buyers are globally footloose, because there are probably only 100 streets around the world on their shopping lists."
Realtor Magazine Online Article