Global luxury property market index turns negative for the first time since the Global Financial Crisis
Top-end property values are now falling in 16 of the 46 markets tracked by Knight Frank's Prime Global Cities Index, and 'downward pressure' is expected to continue for the next few quarters.
Covid-19’s impact on global property markets ‘will likely be less than in the global financial crisis’
"A full house price crash [is] a distinct possibility," warns Oxford Economics as it assesses the potential fallout of the Covid-19 pandemic on global markets.
By PrimeResi
A new place to call home: Seven perspectives on global residential property market shifts
“The pandemic has sent shockwaves through residential property markets across the globe," says Savills, as seven of its most insightful experts share their thoughts on how shifting priorities and lifestyle…
By PrimeResi
New York’s luxury property market ‘on a firm footing’ as prices rise
Knight Frank expect Manhattan property prices to rise by another 2% in 2023.
By PrimeResi
Companies in this article
Knight FrankMost read
Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
Deal sealed on £18.75mn Holland Park townhouse
'When an exceptional house is correctly priced, demand can be strong,' reports agency.
One dollar millionaire leaving the UK ‘every 45 minutes’
Government under more pressure to rethink non-dom crackdown as research reveals scale of HNW 'exodus'.
London Square picks up prominent Ransome’s Wharf site opposite Chelsea Embankment
Property developer continues its dramatic run of prime London site acquisitions since becoming part of Aldar in late 2023.
By PrimeResi
In Pictures: A-list-approved Caribbean estate asks $39mn
'Legendary' villa at Amanyara in the Turks & Caicos Islands is the most expensive listing in the region right now.
Peak Luxury: Four Seasons penthouses to go on sale in Gstaad
Global hospitality firm appointed to manage 'iconic' property in glitzy Swiss ski resort.
In Pictures: Chelsea Waterfront’s Powerhouse reaches completion
Painstaking 15-year project has transformed a century-old SW London landmark into a striking new luxury apartment scheme.
Carter Jonas installs national resi sales boss
Dominic Bruneau will oversee the agency's network of 14 resi sales teams across the UK.
Investec backs Wentworth Estate super-home project
£11.5mn loan tees up latest endeavour by luxury developer Applegate Homes.
NDAs in prime property transactions: Essential privacy tool or negotiation hazard?
Top buying agent Jazmin Atkins evaluates the pros and cons of using confidentiality agreements in elite-level real estate deals.
LATEST ARTICLES
Spanish PM threatens to ban non-EU property buyers
'We are going to propose to ban non-EU foreigners from buying houses in our country,' said Pedro Sánchez.
By PrimeResi
DDRE Global founder to star at major US real estate industry event
Daniel Daggers will discuss what international expansion means for brokerages at the Inman Connect Conference in New York this week; as his luxury-focused firm reports a 70% rise in US buyer searches.
In Pictures: On the market for the first time in 700 years, seeking £21mn
Ripley Castle in Yorkshire has been home to the Ingilby family since the early 1300s.
By PrimeResi
Savills appoints its first ecologist
Joe Dance's role will include helping clients to meet their Biodiversity Net Gain requirements.
Bumper start to 2025 for Savills Auctions
Grade II listed Knightsbridge townhouse to star in firm's biggest-ever January sale.