Rightmove reports record day for overseas home-hunting as travel restrictions are eased
Sunday 28th June was the first ever day that more than one million searches were performed on Rightmove Overseas.
The global billionaire population grew by 8.5% in 2019, reaching an all-time high
Over 10% of the world’s billionaires have donated something towards the fight against Covid-19 so far, according to some research by Wealth-X.
Knight Frank expects global city price growth rankings ‘to look very different in six to 12 months’ time’
The Global Residential Cities Index increased by 4.3% in the 12 months to March, its highest annual rate of growth since Q3 2017.
Hong Kong buyers ‘dominating’ London’s luxury apartment market – Almacantar
Developer behind Centre Point & The Bryanston reports an influx of demand from the region, driven by the UK’s recent visa announcement and the upcoming SDLT surcharge.
Activity returns to global property markets, but there’s a ‘disconnect’ between buyers & sellers on pricing
Residential property activity in China “has largely returned to normal” after two or three months out of lockdown, reports Savills. As lockdowns are lifted in other countries, the firm has surveyed its global network of agents about how international markets are changing: “The general sentiment is that things are looking positive, but the market hasn’t quite recovered yet.”
Pandemic pushes expats to buy homes ‘back home’
A rising number of expats are looking to move “back home” as the impact of the Coronavirus pandemic unfolds, according to a survey of prime-oriented Knight Frank brokers around the world.
Lockdown drives a surge of UK interest in overseas properties
There’s been 33% year-on-year jump in the number of visits to Rightmove Overseas during the Coronavirus lockdown.
Global housing markets ‘are displaying a surprising degree of resilience’
Residential activity is recovering quickly in many international markets as Coronavirus lockdowns are eased.
Major visa shift could open the door to UK citizenship for hundreds of thousands of Hong Kongers
One of the “biggest changes in our visa system in British history” could drive a surge in demand for UK property from Hong Kong residents, as they look to flee more authoritarian rule.
Monaco is still the most expensive prime real estate market in the world
The average price paid dipped by 1.3% last year, says Savills, but a square metre in Monaco still costs €48,150.
Covid-19 has ‘brought to an immediate halt the unbroken upward trend in global HNW growth over the past decade’
Dollar millionaires now control nearly a third of the world’s total private wealth, reports Wealth-X, after “a decade, and more, of plenty” – a period that has been ended by the pandemic.
The Telegraph: Why coronavirus could end London’s status as a safe haven for foreign property buyers
Writing for the Daily Telegraph, Melisa Lawford casts doubt on whether the UK capital will be able to regain its world-wide appeal when travel restrictions lift.