Prime global cities see fastest rate of property price inflation since 2017
The rate of luxury home price growth continues to accelerate in cities around the world, says Knight Frank, but some of the biggest metropolises are seeing prices soften.
144% jump in Hong Kong buyers in London
Since July 2020, Hong Kong nationals have accounted for an estimated 4% of London market activity, up from just 1% in the same period the previous year.
New York & London: The race to recover
As London and New York begin to look beyond the pandemic, luxury property insiders from both sides of the Atlantic weigh in on what may be in store for our cities and their property markets in the coming months and years.
How much space does $10k rent in prime global cities?
Hong Kong is still the most expensive city in the world to rent a luxury property, says Knight Frank, despite the pandemic and political headwinds.
Biden pitches tax hikes for wealthiest Americans
‘Trickle-down economics has never worked’, said the POTUS in an historic speech on the eve of his 100th day in office.
Global luxury property market set for a ‘banner year’ as demand outstrips supply
Nearly one in five (19%) affluent households around the world are looking to buy but not sell a property in the next three years, according to new research by Luxury Portfolio International, while only 6% are looking to sell but not buy.
What Buyers Want: Home-buying trends in France, Italy, Portugal & Spain
Amenities, high-speed internet access and a good view top the wish list for people buying in France, Italy, Spain and Portugal, according to the latest research from Savills.
Luxury developer reports sales surge as New York’s property market booms
Manhattan developer Extell signed more than $260 million in new sales contracts in Q1, and says it is on track to sign another $250 million in April.
Mapped: The world’s top ten billionaire cities in 2020
Beijing has overtaken New York as the world’s billionaire capital, according to Forbes.
Get set for the overseas buyer mini-boom
Following a return to a 1970s-style market dominated by domestic buyers, we can expect an influx of international investment this year – particularly from Asia –Â as lockdown measures ease across the world, says Ed Heaton…
Global cities see house price growth accelerate
81% of international city markets tracked by Knight Frank saw property prices rise in the year to Q4 2020; one in five (20%) registered double-digit price inflation.
Overseas landlords ‘undeterred by Brexit’ as numbers hit five-year high
Favourable exchange rates and the stamp duty holiday have spurred many into action.