Prime global rents continue to climb, but the pace of growth is easing

US cities have seen the highest rates of prime property price growth in the last six months, reports Savills, as the firm predicts a slight slowdown across most world cities in the second half of this…

“Megacities are once again thriving as tenants are drawn back to urban living after the lifting of lockdowns," says Savills, as prime rents climb in New York, Singapore, London and Los Angeles.

"Global housing markets have wrongfooted us this quarter," says the Knight Frank research team, as property markets continued to post strong growth.