Prime resi prices continue to climb in major global cities
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 year.
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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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Knight Frank's Prime Global Cities Index registered 1.6% average growth in the year to Q3.
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House price growth in global cities is outpacing national averages, according to Knight Frank's latest indices - but signs point to a general property market slowdown.
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