Prime global house price growth cools to slowest pace in two years
But 'the groundwork for a rebound is building,' says Knight Frank, after checking top-end property price performance across 46 world cities.
What to read next
Prime global house price growth ‘is running out of steam’
Knight Frank's latest Prime Global Cities Index came in at +2.6% in Q2 - down from +4.1% in Q1, and under half the five-year average annual growth rate.
Prime global cities on track for 1.3% house price growth this year
60% of the 30 cities analysed in the Savills Prime Residential World Cities index saw positive capital growth through the first half of 2024, "reflecting a level of relative confidence in the asset class.
Global house price growth accelerates
'Rate cutting is supporting rising house prices globally,' says Knight Frank, as three-quarters of international property markets saw average property values increase in Q2.
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