Main image: In New York, the release of several high-profile branded residence schemes has contributed to an increase in sales volumes
New York prime property prices continue to climb, but sales volumes are set to fall back
Prime resi sales have proved 'resilient' in the Big Apple through 2022, reports Knight Frank, as rising prices herald the start of a new property market cycle.
Prime property prices continue to climb in global cities, despite the pandemic
Knight Frank's Prime Global Cities Index registered 1.6% average growth in the year to Q3.
Global cities continue to see property prices climb
The annual rate of property price inflation across global cities increased from 4.1% in Q2 to 4.7% in Q3, according to the latest index from Knight Frank.
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.
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