Most expensive property markets: London third most expensive city in world

I don't think the results of this study will surprise anyone: London is the third most expensive place in the world in which to buy property, a study claimed today. (link via independent.co.uk) Most expensive real estate markets in 2009 No surprise - Monte Carlo is No 1 in the Global Property Guide's list of World's Most Expensive Residential Real Estate Markets 2009, more than twice as expensive, at US$45,000 per square metre, as the runner up. Battling for the number 2 position are prime central Moscow and London. Prime central Moscow's US$20,853 per square metre price tag slightly outpaces core Prime London's US$20,756 per square metre, though it is fairer to say the two cities are neck-and-neck. (link via globalpropertyguide.com) Click here for the complete list