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.
Prime property markets around the world have proven "largely resilient" in the face of this year's happenings, reports Knight Frank. Th
Knight Frank's Prime Global Cities Index registered 1.6% average growth in the year to Q3.
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
Companies in this articleKnight Frank
Owner of Sotheby's Dubai and the Middle East region confirms acquisition of UK business
One prime estate agency has listed properties for sale in more than half of the nation's postcodes in the last six months, significantly out-covering any other brick-and-mortar firm.
Poppy Chenevix-Trench has moved on from the Savills Private Office, becoming the latest high-level addition to Sandy Mitchell's Redbook Agency.
Strutt & Parker's London new homes sales chief reflects on the big themes to emerge in the prime development sector lately, and the projects currently setting the tone in the luxury market...
By Keir Waddell
Charles Medina has moved from Savills to become a Director at Strutt & Parker in Mayfair and Marylebone.
Another major acquisition creates London's biggest estate agency network.
Super-prime developer expands into education, securing planning for a new school for Thomas’s Kensington, along with new apartments & townhouses
The agency is looking to grow its regional resi development business by 50% over the next five years
'A double-digit price fall does not exactly feel imminent', says Knight Frank, after recording some encouragingly high activity levels given the circumstances...
Property portal expects a ‘cautious mood’ to continue in the housing market until Easter.
Propertymark has flagged the big threats and opportunities facing estate agents and the property market in the year ahead...
Luxury hospitality giant's new boss flags branded resi as a major part of international growth plans.
If we all stopped in our tracks every time the papers rang a bell to call the onset of the next property crash, none of us would have bought homes since 1998, says buying agent Saul Empson...
By Saul Empson