International Markets
Prime global rents turn a corner as yields drop further
“Rental markets look set to be subdued for the rest of 2021," says Savills as its World Cities rental price index returns to positive growth, but the longer-term outlook is more positive.
Pandemic fuels the ‘broadest global house price boom in two decades’
The annual rate of house price inflation across the OECD group of rich nations hit 9.4% in Q1 2021 - a 30-year high.
‘Cities are springing back to life’: Super-prime property sales surge around the world
"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.
French cities & resorts get tough on second-home owners
Many Britons with Alpine and costal retreats face hefty council tax bills under new measures designed to curb house price rises.
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
Knight Frank upgrades global prime price forecasts again
Luxury property price inflation is likely to return to London with gusto next year, predicts the Knight Frank team.
World house prices are ‘overvalued by around 10%’, warn economists
We're in one of the biggest global property booms since 1900, says Oxford Economics, as it warns that "the longer a housing boom continues, the bigger the risk of a large reversal".
Urban house prices around the world are rising at their fastest rate since 2007
43 of the 150 global cities tracked by Knight Frank have seen prices escalate by more than 10% over the last year, with five above 25%.
London tipped to outperform most other prime global markets in 2021
Along with Miami, Berlin, Shanghai, and Sydney, the UK capital is set for significant price inflation in 2021, according to a meta-analysis of international indices.
Global HNW population booms, but not in the UK
The global millionaire population grew 6.3% in 2020, surpassing the 20-million bar, while total millionaire wealth grew 7.6% to tickle US$80 trillion.
Vive la Résilience: French prime property markets hold up
France’s prime residential markets showed resilience in 2020, says Knight Frank, and has been "exuberant" for the last few months, despite the challenging backdrop...
New York is back, just ask Jerry Seinfeld
Restaurants are crowded, flights are packed, Yankee Stadium is at full capacity and corporate America is calling its workers back.