Monaco and London the most expensive cities

Monaco keeps the first place among the most expensive cities in Europe, despite falling property prices by 9% over the first six months of 2009, according to a survey conducted by the network of estate agents in 19 countries Era cited by Capital.fr.
According to its figures, the average price per square foot in the capital of the Rock reached 30,000 euros, almost three times more expensive than London, which occupies the second place ranking with average prices between 10,000 and 12,000 euros/m2. The third step of the podium Geneva found that displays average prices between 7500 and 8000 euros/m2.
According to figures of ERA, the French capital sharing fourth place with Milan, the average price per square foot ranging between 6,000 and 6,500 euros, with strong disparities between districts.
On the contrary, European cities are the least expensive Sofia (2500 euros/m2) euros/m2 and Budapest 1200), according to the survey.