Superrich Flock to Luxury Property in U.S.

2/16/2015 6:02AM     

Prices for high-end houses in New York and Aspen rose more than anywhere in the world last year, according to Knight Frank’s Prime International Residential Index, which highlights 100 destinations. European markets from Cannes to Tuscany were largely shunned. Art Patnaude reports.

Transcript

This transcript has been automatically generated and may not be 100% accurate.

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