Infography: International prime resi markets at a glance
Visualising current values, 10-year capital growth and the impact local currency can play across the world’s most established prime markets
How Luxury Developers Use a Loophole to Build Soaring Towers for the Ultrarich in NY
Matthew Haag reveals how high-rise property developers are exploiting a ‘planning loophole’ to add extra storeys to tall towers, for the New York Times
At a glance: Property taxes around the world
CBRE compares how the tax treatment of property differs by country, but which is the most favourable for buyers?
Ranked: The world’s most expensive cities in 2019
Hong Kong tops CBRE’s list once again, with London down in eighth place. 30 of the 35 profiled cities have seen residential real estate values rise in the last year, led by a Spanish property boom.
IMF creates an ‘early warning system’ to predict the next house price crash
The International Monetary Fund’s House Prices at Risk tool is designed to flag property markets at risk of significant price drops at least a year before the market turns
The political message of Hong Kong’s proposed vacancy tax speaks louder than its efficacy in bringing down home prices
Ken Chu, Chairman & CEO of Hong Kong property developer Mission Hills Group, defends the city-state’s proposed new property tax in the South China Morning Post.
What Does The New Mansion Tax Mean For New York?
The new real estate tax regime ‘will take a little time to get assimilated’, writes Frederick Peters, CEO of Warburg Realty in New York, for Forbes – but ‘if it makes the subways run on time, it will be cheap at the price!’
New York’s luxury homeowners face ‘mansion tax’
State budget deal includes new one-time sales tax, pitched at over 4% on homes worth more than $25m
Historic Hotspot: Chelsea named as one of the world’s top ‘luxury neighbourhoods to watch’
Venerable PCL enclave picked alongside up-and-coming districts of Boston, Dubai and Shanghai in rundown of 18 locations ‘set to outperform’ in the year ahead, after suffering one of the biggest slowdowns of any prime London market
‘Late Brexit bedlam breaks out among UK-based buyers’ in Ireland
The Irish Independent reports on a surge of UK-based buyers snapping up homes in Ireland.
86% of tracked countries saw property prices rise in 2018
Hong Kong has tumbled from first to 22nd place in Knight Frank’s global property price growth table, while Central and Eastern European countries are now out-pacing bigger EU nations.