Most expensive real estate markets in the world
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Real estate prices are rising not only in the developing world, but also in some developed cities.
Let's take a look at some of the most expensive real estate markets in the world.
Source: Business Insider
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Image: A view of downtown area in Los Angeles.
Photographs: Mario Anzuoni/Reuters
Most expensive real estate markets in the world
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Paris, France
Real estate cost: $3,287 per square foot
Global rank: 1
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Image: A view of Galeries Lafayette department store in Paris.
Photographs: Charles Platiau/Reuters
Most expensive real estate markets in the world
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Oslo, Norway
Real estate cost: $2,099 per square foot
Global rank: 2
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Image: People walk past the Grand Hotel in Oslo.
Photographs: Scanpix/Reuters
Most expensive real estate markets in the world
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London, The United Kingdom
Real estate cost: $1,590 per square foot
Global rank: 3
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Image: A man crosses the Mall, decked out in Union flags and with Buckingham Palace in the background, in London.
Photographs: Andrew Winning/Reuters
Most expensive real estate markets in the world
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Luxembourg, Luxembourg
Real estate cost: $1,563 per square foot
Global rank: 4
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Image: A view of the city of Luxembourg.
Photographs: Francois Lenoir/Reuters
Most expensive real estate markets in the world
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Singapore, Singapore
Real estate cost: $1,561 per square foot
Global rank: 5
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Image: A view of the Central Business District in Singapore.
Photographs: Allison Ching/Reuters
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Stockholm, Sweden
Real estate cost: $1,516 per square foot
Global rank: 6
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Image: Pedestrians walk down the main shopping street in Stockholm's Gamla Stan or Old Town district.
Photographs: Bob Strong/Reuters
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Beirut, Lebanon
Real estate cost: $1,448 per square foot
Global rank: 7
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Image: An aerial view shows Saint-George Yacht Club surrounded by construction work in Beirut.
Photographs: Cynthia Karam/Reuters
Most expensive real estate markets in the world
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Madrid, Spain
Real estate cost: $1,395 per square foot
Global rank: 8
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Image: People sit in a restaurant in Madrid's central Plaza Mayor.
Photographs: Andrea Comas/Reuters
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Helsinki, Finland
Real estate cost: $1,366 per square foot
Global rank: 9
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Image: A view of a cafe in the square of the Three Blacksmiths, Helsinki.
Photographs: Stringer/Reuters
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Copenhagen, Denmark
Real estate cost: $1,317 per square foot
Global rank: 10
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Image: Boats are seen anchored at the 17th century Nyhavn district, home to many shops and restaurants in Copenhagen.
Photographs: Bob Strong/Reuters
Most expensive real estate markets in the world
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Hong Kong, Hong Kong
Real estate cost: $1,118 per square foot
Global rank: 11
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Image: An Airbus A380 flies over Hong Kong's Victoria Harbour in Hong Kong.
Photographs: Stringer/Reuters
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New York City, The United States
Real estate cost: $1,068 per square foot
Global rank: 12
Image: The Brooklyn Bridge and Manhattan Bridge is seen from the 90th story of One World Trade Center in New York.
Photographs: Lucas Jackson/Reuters
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