International Markets
Shenzhen soars as global cities outperform national averages
Property prices in the world's urban centres are out-performing broader national figures, according to Knight Frank's latest statistical foray
Russians halve overseas property spend
The volume of real estate purchases by Russians has halved in the space of a year, according to the Central Bank of Russia (CBR).
Luxury rents slip across prime global cities
Rents in prime cities around the world fell by an average of 1.1% in 2015 - a pretty significant contrast to the 2.5% growth posted in 2014.
K
French resi market boosted by return of the Brits
Residential sales across France were up 12.5% last year compared to the same period in 2014, according to the Notaires de France.
A ‘dangerous cocktail’ mutes the outlook for global house prices in 2016
The global economy is supping on a "dangerous cocktail", says Knight Frank, as low oil prices, a strong dollar and a struggling China combine to quell expectations of property price increases in the coming…
Global UHNWI population slips 3% as London retains prime position
London is still the "most important" world city for the ultra-rich, says Knight Frank in its tenth annual Wealth Report.
How much prime resi will US$1m buy around the world?
Monaco, Hong Kong and London are the most expensive places to buy a single square metre of prime residential real estate, according to the latest sums from Knight Frank and Douglas Elliman
London retains ‘World’s Most Expensive City’ to live/work title
London has held on to the dubious honour of being "the world’s most expensive city to accommodate an employee" for the third year, says Savills, although the firm suggests that both London and second-placed New…
London the ‘guinea pig’ for New York’s pied-à-terre tax
The UK is being seen as a "guinea pig" by policymakers pondering a "pied-à-terre tax" across the pond.
Global economic growth prospects ‘have practically flatlined’ – OECD
Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Ou…
New York’s luxury developers woo Generation Z
An interesting new trend is being reported in New York, with resi developers increasingly designing their luxury schemes to appeal to tweens and teens.
Global house prices ‘continue to march slowly upwards’ – IMF
The latest update to the International Monetary Fund's Global Housing Watch shows that aggregate real property prices have edged up for the past 16 quarters