As the year kicks off for 2017, various luxury items are compiled to showcase the index for the year. The index is a base point of comparison that derives from the average price of all the top, most expensive items within a category and is then divided by one million.
Taking a look at some of the most highly coveted markets for affluent audiences, we analyzed:
Also, the index for 2016 and 2015 can be found on the main index page, including Art from 2016 and real estate, private jets, cars, yachts, and watches for 2015.
Over the years, trends change depending on the supply and demand of the market. After tracking several more years, generalizations of patterns will be ready to graph and put in use for understanding the future of the markets.