For the first time ever, Miami has landed a coveted spot on Christie's International Real Estate's for being one of the best real estate markets for luxury properties in the world. This is a notable improvement considering Miami didn't only make it onto the list, but it jumped up quite significantly.

Miami’s in with the in-crowd, tastemakers say, debuting on Christie’s International Real Estate’s list of top 10 luxury residential markets.

The real estate arm of the iconic auction house publishes a global research report of trends across the world’s prime real estate markets, tracking spending patterns among wealthy buyers.

And this year for the first time it named Miami as one of the cities where the rich not only play but also stay. Read More