Luxe homes worth $10M-plus soar in Palm Beach, Miami and New York despite global dip

While the rest of the world sees a dip in the ultra-luxury home market, the playgrounds of the rich and richer — New York, Miami and Palm Beach — are cashing in like never before. According to a new report from real estate firm Knight Frank, sales of homes priced at $10 million or more went through the roof in the second quarter — with Palm Beach leading the charge with a jaw-dropping 44% spike. Miami wasn’t far behind with a 27% bump and New York’s ritziest addresses enjoyed a...