Bloomberg

(Bloomberg) -- The fastest-growing markets for luxury homes are no longer New York, London and Hong Kong. A survey from Christie’s International Real Estate found sales of high-end properties jumped 63 percent in Auckland, New Zealand, last year followed by a 48 percent increase in Toronto. Dubai, Hong Kong and Singapore saw the steepest declines.

To contact the reporter on this story: Prashant Gopal in Boston at pgopal2@bloomberg.net. To contact the editors responsible for this story: Jake Ulick at julick@bloomberg.net, Kara Wetzel, Daniel Taub

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