The below graphs are taken from a recent (June 2019) report by Knight Frank on "prime" residential pricing across the world. They define "prime" as generally being the top 5% of each market by value. What these graphs show are the spread between the average price of a prime property and the top price achieved in that market.

The most expensive market is Hong Kong. The average price of a prime property in 2018 was USD 4,251 per square foot (or USD 45,760 per square meter) and the top price achieved was in 2016 at USD 28,154 per square foot (or USD 303,051 per square meter).

Using the 2018 average, a 350 square foot studio apartment would run nearly USD 1.5 million (or almost CAD 2 million), assuming there are "prime" studios available in the market. Remember, we are talking about the top end of the market.

If you'd like to download a copy of the full report, you can do that over here.

Below is a list of the 44 cities found in the 2018 Global Power City Index by the Mori Memorial Foundation's Institute for Urban Strategies.

The index ranks the major cities of the world according to their "magnetism", which they generally define as a city's ability to attract people, capital, and businesses from around the world.

As with all rankings, the output depends entirely on the methodology that you use. The GPCI seems to have the right executive committee in place. It includes global city authorities like Saskia Sassen. But that's not really the point of today's post.

Beside each city, I have added the average highs and lows (in celsius) for both the coldest and hottest months of the year. For cities in the northern hemisphere, these are typically January and July/August, respectively.

I have also added the spread between the hottest and coldest months to get a sense of variability. I always find it interesting to see how cities like Singapore, Kuala Lumpur, Jakarta, and Mumbai basically stay the same temperature all year round.

When you look at this list, remember that you can ski in Dubai.

All weather data taken from the NOAA (National Oceanic and Atmospheric Administration).

I just discovered the work of Italian photographer, Paolo Pettigiani. He specializes in something called infrared photography, which is photography that captures the wavelengths of light that generally aren't visible to us humans.

Paolo shoots with a full spectrum Nikon D750. What this means is that the camera's sensor is sensitive to, well, the full spectrum of light: UV, visible, and infrared. Using this photography technique, he has coined something he calls "InfraScapes."

Here are a few of his photos from Dubai (source):

The reason these photos look the way that they do is because anything with chlorophyll -- such as grass and trees -- really reflects infrared light. The result is a generally muted landscape with pops of pink. Perhaps this could be used as a technique to visually evaluate the greenness of our cities.

All photos by Paolo Pettigiani