Luxury price inflation is more than double the mainstream rate, says Coutts
Prices for high-end products and services have risen by 5.9% in the last 12 months, reports the Queen's bank
Luxury lifestyle prices are rising twice as fast as mainstream consumer inflation
Coutts bank's measure of luxury price inflation has risen by 4.7% a year since 2016; twice the rate of the mainstream Consumer Prices Index
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Asia is now home to more billionaires than the USA
European billionaires are hunkering down; total wealth increased by 5% in 2016, while the number of billionaires in Europe increased by just three to 342.
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OBR slashes property price growth forecasts
'The latest near-term indicators of housing market activity point to a significant weakening', warns the Office for Budget Responsibility, as it anticipates falling property prices and transaction numbers…
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Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
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Related Argent bolsters exec leadership team
Developer appoints Parm Nijjar as Executive Director and promotes Oli Rifkind to Chief Development Officer.
Marylebone’s high-end market keeps moving despite pre-Budget uncertainty
Savills reports 'robust' activity across the fashionable PCL neighbourhood, completing a string of super-prime sales & lettings deals.
Italian design platform lands in London with Embassy Gardens penthouse
Artemest collaborated with Dublin-based designer Róisín Lafferty on the high-end project in Nine Elms.
House prices lower than 20 years ago across a quarter of Great Britain – Savills
While nominal prices have jumped by an average of 95% over the past two decades, analysis shows inflation-adjusted gains remain below 9%.
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