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Servet Yanatma

Europe’s luxury housing boom: Which cities are driving the surge in prime property prices?

Europe European Union United States Luxury London Prague Tokyo

House prices are rising across Europe. Luxury homes are no exception. Prime property prices are on the move in European cities. In more than half of the roughly 50 cities tracked by Knight Frank's Wealth Report 2026, annual price growth exceeded 3% in 2025.

So, which cities are driving the surge in prime property prices across Europe? And how do European luxury markets compare with the rest of the world?

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