4 Trends in Luxury Goods for 2013
Real estate: And finally, expensive real estate will be on the shopping list for the world's biggest spenders this year. Luxury real estate is booming. "In places like New York, skyscraper after skyscraper is going up and properties are going for $80 million to $90 million," Alam Khan says. "There's a complete explosion of luxury houses across major metropolitan areas like New York, Miami and Chicago." And there's no shortage of customers, he said.