US regulators ramp up scrutiny of luxury resi deals

JLL has significantly boosted its presence on Portugal's prime resi scene with the acquisition of a top four agency based in Lisbon.

Average prime resi prices around the world have ticked up by 6.2% over the last twelve months, says Knight Frank, but it's the big US cities that are steaming ahead at the moment.

Sydney will see the biggest rises in residential property prices of any prime global city this year, says Knight Frank, while Hong Kong, Singapore and Paris are all likely to see price drops.