International Markets
Global real estate markets slow as interest rates climb
'Real estate returns have slowed, and transaction activity has fallen as some deals agreed at prices prior to the slowdown have been aborted,' says UBS.
Global house prices continue to rise, but are falling in real terms
Knight Frank's Global House Price Index showed an 8.8% increase in the year to Q3, down from a peak of +10.9% in Q1 2022.
LA to implement ‘mansion tax’ of up to 5.5%
58% of Los Angeles residents voted for a new levy on property transactions above $5mn.
HNW Hotspots: Where the world’s wealthiest are looking to buy homes in 2023
London, New York & Dubai lead the way for HNWI home-buying intentions, reports Knight Frank.
Liam Bailey: Is prime property well placed to weather the storm?
Knight Frank's global research head on the latest themes in property, wealth and investment...
Knight Frank cuts prime global forecast for 2023
Property firm highlights six key trends to watch as it downgrades expectations for prime residential markets across 25 top-tier international cities.
New York prime property prices continue to climb, but sales volumes are set to fall back
Prime resi sales have proved 'resilient' in the Big Apple through 2022, reports Knight Frank, as rising prices herald the start of a new property market cycle.
China sets out plan ‘to defuse the property crisis’
New measures are the 'strongest sign yet that Chinese policymakers are easing a years-long clampdown on the property sector,' says the South China Morning Post.
LA residents to vote on ‘mansion tax’ to tackle housing inequality
A vote on Tuesday could introduce a new transaction tax on sales of homes and property above $5mn in La La Land.
The UK’s super-rich headcount fell in 2021, but is set to rocket in the coming years
Only a few nations saw their UHNW population fall last year;
The US luxury property market in 2022: Eight key trends
Rich Americans are piling back into international real estate markets, with a remarkable 92% US-based HNWIs now considering a property purchase abroad, according to a new survey by Coldwell Banker.
Global housing downturn could see world GDP growth flatline, warn economists
The likelihood of a severe real estate slump is lower now than at the time of the Global Financial Crisis, but a significant drop in residential investment is 'plausible' next year, says Oxford Economics.