Property price inflation in prime world cities settles on ‘a high plateau’
'Prime residential real estate values are settling into a pattern of slower, steadier price growth,' says Savills, 'and we do not expect to see a repeat of the double-digit annual price growth seen pre GFC.'
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Prime global cities see fastest rate of property price inflation since 2017
The rate of luxury home price growth continues to accelerate in cities around the world, says Knight Frank, but some of the biggest metropolises are seeing prices soften.
Ranked: Property price inflation in 100 prime global cities
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"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.
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