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.
Rental price growth ‘stabilises’ in prime global cities
'Even the luxury sector is subject to affordability constraints', says Knight Frank as it heralds 'an end to the substantial upward repricing' of rental markets in key global cities.
Global house price growth accelerates
82% of the 56 international property markets tracked by Knight Frank have seen property values rise in the last year.
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