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.'
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.
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
‘Mounting economic headwinds’ curb prime property price growth in global cities
Luxury property price inflation across 46 global cities continues to fall short of the long-term average, says Knight Frank
Most read
More details emerge around record Chelsea mansion sale
Low-profile hedge fund boss named by the Financial Times as purchaser of Candy’s '£265mn' Providence House
Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Knight Frank: Middle East conflict will impact UK housing market in four stages
The agency's resi research boss Tom Bill breaks down the likely path for policy, rates, sentiment and pricing - starting with what’s already playing out in the prime country market
Freehold Marylebone mansion block heads to auction
33-home building is being sold by order of the Howard de Walden Estate, which has owned the land for over 300 years.
Campions acquires boutique PCL agency Aston Chase
Estate agency group steps up expansion with addition of established Prime Central and North West London operator.
Savills reports flurry of £10mn-plus country deals
Agency tucks away £112mn worth of super-prime country piles as HNW buyers make their move.
Sales hit halfway mark at luxury Kensington scheme
Residence One says its Allen House project has 'consistently outperformed other schemes'
Savills installs new head of Fulham sales
Tom Reeves takes charge of multi-office operation in SW London following the retirement of Emma Stead, who spent over thirty years with the agency.
Prime London sales market still struggling as uncertainty reigns
LonRes reports another poor month in the capital's high-end property market, with deal volumes and prices both down - but rising under offer numbers suggest there's demand out there.
NYC lines up ‘pied-à-terre tax’ on $5mn+ second homes
State-first measure targeting ultra-wealthy and global elite announced by Mayor Mamdani.
LATEST ARTICLES
Knight Frank expands remit for van Straubenzee amid Middle East push
Private Office co-head to lead regional growth alongside global role
UK HPI: London property prices fall for a seventh consecutive month
Read on for industry commentary & reactions to the latest official national house price data.
£7mn Albert Hall Mansions duplex marketed on ‘priceless’ royal link
Three-bed duplex overlooking Hyde Park is being positioned around a claimed Queen Victoria connection.
One Battle After Another: Charlie Ellingworth on the forces shaping the spring market
Property Vision’s co-founder explains how headwinds are affecting property markets from PCL to the country - and which pockets are weathering the storms.
Chestertons Global teams up with Riviera agency Croisette Properties
Croisette Properties signs to the international brand network.