The most expensive cities in the world to buy real estate has been determined by a study

The list of the world's cities with the most expensive real estate was published by Deutsche Bank. He conducts such a study every year. 

Hong Kong topped the ranking in 2025, despite a 20 percent drop in prices over the past 5 years. Housing in the center of this metropolis costs an average of $25,946 per square meter.

Which other cities are in the top?

1. Hong Kong ($25,946 per square meter),
2. Zurich ($23,938 per square meter),
3. Singapore ($22,955 per square meter),
4. Seoul ($22,875 per square meter),
5. Geneva ($21,491 per square meter),
6. London ($20,953 per square meter),
7. New York ($18,532 per square meter),
8. Tel Aviv (18,469 dollars per square meter),
9. Paris ($14,286 per square meter),
10. Munich ($13,396 per square meter),
11. Sydney ($13,104 per square meter)

There are 69 cities in the list. 

Source: DB Research