Most prime global cities are likely to see property prices increase in 2021 - Knight Frank
Prime property markets around the world have proven "largely resilient" in the face of this year's happenings, reports Knight Frank. The firm anticipates that top-tier global cities will fall into one of the three "broad groups" in 2021, and has identified eight key trends to watch...
What to read next
Knight Frank downgrades international prime property price forecasts
"A lot has changed in global property markets since we issued our last global prime residential forecast in December 2021," says Knight Frank.
Savills forecasts property price growth in most prime global cities
Of the world's major prime cities, Seoul, Berlin and Sydney are set to see the highest rates of luxury property price inflation in 2021, forecasts Savills.
Property prices continue to rise in most prime global cities, but markets are weakening
The average annual rate of property price inflation across the 150 tracked cities moderated from +3.6% in Q1 to +3.4% in Q2.