International prime property prices surged in 2021 as ‘luxury homes became the asset class of choice for UHNWIs’

Prime property markets around the world have proven "largely resilient" in the face of this year's happenings, reports Knight Frank.

"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.

“After a record-breaking year in luxury real estate, we anticipate that some balance will be restored to the market,” says Luxury Portfolio International after surveying nearly 5,000 affluent consumers.