International Markets
A ‘dangerous cocktail’ mutes the outlook for global house prices in 2016
The global economy is supping on a "dangerous cocktail", says Knight Frank, as low oil prices, a strong dollar and a struggling China combine to quell expectations of property price increases in the coming…
Global UHNWI population slips 3% as London retains prime position
London is still the "most important" world city for the ultra-rich, says Knight Frank in its tenth annual Wealth Report.
How much prime resi will US$1m buy around the world?
Monaco, Hong Kong and London are the most expensive places to buy a single square metre of prime residential real estate, according to the latest sums from Knight Frank and Douglas Elliman.
London retains ‘World’s Most Expensive City’ to live/work title
London has held on to the dubious honour of being "the world’s most expensive city to accommodate an employee" for the third year, says Savills, although the firm suggests that both London and second-placed…
London the ‘guinea pig’ for New York’s pied-à-terre tax
The UK is being seen as a "guinea pig" by policymakers pondering a "pied-à-terre tax" across the pond.
Global economic growth prospects ‘have practically flatlined’ – OECD
Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic…
New York’s luxury developers woo Generation Z
An interesting new trend is being reported in New York, with resi developers increasingly designing their luxury schemes to appeal to tweens and teens.
Global house prices ‘continue to march slowly upwards’ – IMF
The latest update to the International Monetary Fund's Global Housing Watch shows that aggregate real property prices have edged up for the past 16 quarters.
All the property in the world is worth $217 trillion – Savills
"The entire developed property universe" is worth roughly US$217tr, with residential real estate accounting for the lion's share, according to some sums by Savills; that's around 2.
Where and what to buy on the French Riviera in 2016
The French Riviera's property market went through the roof last year, according to search agency Home Hunts.
US luxury property market shudders as HNW buyers lose anonymity
The US prime property market is reeling after the government announced plans to effectively end buyer anonymity in New York and Miami.
Super-prime transactions take a tumble in Manhattan
London isn't the only place where top-end transactions have tanked recently. Although the prices of luxury apartments in Manhattan hit new heights in 2015, the number of $10m+ deals fell by nearly 14%.