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London is not the most expensive city any more

October 2nd, 2008

Five years on end London has invariably borrowed the first line in the list of places with the most expensive elite habitation, however, this year the leadership has passed to princedom of Monaco. According to index, formed by Knight Frank LLP - the international consulting company in real estate sphere, cost of habitation in the British capital for last half-year has grown on 1,8 % and has made 60 thousand dollars for one square meter. In Monaco the average rise in prices in the real estate market has made 30 % and has reached up to 70 thousand dollars for one square meter - it is a record parameter for today. To a word, similar results are not surprising: according to one of last researches, the most expensive street in the world in is Monaco.
The full list of the countries and cities with the most expensive habitation:
1. Monaco
2. London (Great Britain)
3. Cap Ferrat (France)
4. Courchevel (France)
5. New York (USA)
6. Moscow (Russia)
7. Tokyo (Japan)
8. Hong Kong (China)

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