Ultra luxury real estate prices could rise by 5 percent this year in metropolitan Miami, the second-fastest growth rate among 20 global cities, according to Knight Frank and Douglas Elliman. Knight Frank, a global real estate consultant, and brokerage firm Douglas Elliman forecast that prime property prices will rise 6 percent this year in four of the 20 global cities – Berlin, Capetown, Madrid and Paris – and will decline in five of the cities, ... [more]