International Markets
Global UHNWI population set to grow by 27% over the next five years
The total number of ultra-high-net-worth individuals on the planet increased by 2.4% in 2020, according to Knight Frank. That's just a third of the growth rate seen in 2019.
Bloomberg: Swiss Wealth Tax rakes in cash as Covid stokes global debate
"Switzerland’s wealth tax offers a rare real-world example of how a levy on assets can work, just as such ideas gain traction elsewhere in the wake of the coronavirus crisis," writes Bloomberg journalist C…
New York dominates the world’s UHNW real estate scene, while London ‘stands out as a second-home destination’
New York is the top global city for the world's wealthy, according to new analysis by research house Wealth-X, with "a significant lead" over other hubs
Super-prime developer offloads Manhattan portfolio stake
It's being reported that super-prime New York property developer Extell is selling-off a significant chunk of Manhattan real estate.
High-end sales soar in Manhattan
Last week's tally of 38 contracts signed above $4m was ‘spectacular by any standard’, says Olshan Realty
Ranked: Six Nations host cities by property price inflation
As the 22nd Six Nations rugby tournament gets underway, Knight Frank has checked to see which of the host cities' property markets has out-performed in recent years.
French Riviera named most expensive international super-prime property hotspot
Resort property enclaves dominate a new list of international luxury property hotspots, based on high average asking prices.
Savills forecasts property price growth in most prime global cities
Of the world's major prime cities, Seoul, Berlin and Sydney are set to see the highest rates of luxury property price inflation in 2021, forecasts Savills.
UAE portal publishes property transaction data in ‘massive step’ towards transparency
Agent-backed venture houza rolls out new feature with sold prices and market trend data to 'create a more open and transparent property buying experience'
Global cities continue to see property prices climb
The annual rate of property price inflation across global cities increased from 4.1% in Q2 to 4.7% in Q3, according to the latest index from Knight Frank.
FT: Shopping for a bargain on NYC’s Billionaires’ Row
Writing for the Financial Times, Joshua Chaffin speaks to the luxury developers and agents attempting to sell New York’s most expensive new-builds in the midst of a global pandemic.
Jersey’s property market picks up pace
"People are offering the asking price after walking through the door," says island estate agency Wilsons Knight Frank