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Dubai’s luxury home prices sizzle while Hong Kong’s fizzle amid supply glut, high interest rates: Knight Frank

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Prices of luxury homes in Dubai shot up 48.8 per cent year on year and 11.6 per cent quarter on quarter as of June 30, putting the wealthy United Arab Emirates (UAE) city on top of a global ranking for the eighth straight quarter, while Hong Kong fell to 35th…

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Click here to read the full story: South China Morning Post

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