International Markets
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.
Largely immune: Understanding global wealth trends through the pandemic year
"Wealth creation in 2020 appears to have been completely detached from the economic woes resulting from Covid-19," says the author of Credit Suisse's new Wealth Report.
Nikki Beach dives into the branded residences market
Global luxury lifestyle & hospitality brand responds to a 'shift in consumer behaviour', planning a set of private resi units next to its forthcoming hotel project in Montenegro.
Global property markets ‘are flashing the kind of bubble warnings’ not seen since 2008, warns Bloomberg
New Zealand, Canada, Sweden, the UK and US are amongst the world's "frothiest" housing markets, according to new analysis, with high price-to-rent and price-to-income ratios.
Dubai’s Luxhabitat Sotheby’s reports ‘record-breaking streak’
Luxury brokerage put though sales worth more than 250 million AED in the first six months of 2021, including one of the most lavish mansions in Emirates Hills.
Global house prices rise at their fastest rate since 2006
Knight Frank's Global House Price Index tells of a 7.3% average increase across 56 tracked countries in the year to Q1 2021.
Prime property stock shortage looms across Europe
“The strong sales rates we’ve seen in the last 12 months have been driven almost entirely by domestic buyers," says Knight Frank;
Monaco new-builds ‘could cost €100k per square metre’
The 125 homes emerging from the sea as part of the €2bn Mareterra development could smash a few records when finally released.
Hawaii named top destination for world’s luxury homebuyers
Survey of elite buyers by Leading RE’s luxury division found one in five were interested in buying in the tropical Aloha State, where inventory has now dropped to ‘record lows’
Ireland imposes 10% property investor tax
"The introduction of the higher stamp duty rate of 10% for the bulk purchase of houses is designed to dissuade the practice whereby institutional investors buy up homes that are close to completion, or…