Dan Conn, CEO of Christie's International Real Estate, Appears on Fox News to Discuss Today's White Paper Release

New York, NY (May 12, 2016) – Coinciding with the release of Christie's International Real Estate's Luxury Defined, the definitive state of the global luxury market, CEO Dan Conn appeared on Fox Business News to discuss key findings. Interviewed on "Mornings with Maria" host, Dagen McDowell, Conn discussed the "return to realism."

Sales in a sector whose average home prices start at $2.2 million slowed in 2015, increasing by 8 percent, half its 2014 pace. The decline most likely reflects stability rather than weakness, according to a report released today by Christie's International Real Estate.

"You can't have massive double-digit growth year after year after year," Conn said. "In some ways, there is a limit."

View the full interview in the video below.