Miami-based WORLD PROPERTY MARKETS founder and CEO Michael Gerrity announced plans this week to launch in mid-2025 the world's first global, AI-powered and consumer-facing MLS platform called GLOBAL LISTINGS.
Based on new data from global property consultant Knight Frank, 463 sales of properties valued at $10 million or more were recorded in the three months leading up to June 2024 across 11 key markets. This figure is slightly lower than the 476 sales recorded in the previous quarter.
Based on AAA booking data, Seattle is the top destination for Labor Day weekend, showing an increase of nearly 30% from last year when it also ranked first.
According to Kate Everett-Allen, Head of European Residential Research of Knight Frank, consumer interest in Italy is gaining momentum, with a rise in tourist numbers boosting investment returns for holiday accommodations.