Lima Real Estate News
Lima
Global Cities Residential Price Growth Recovers as Interest Rate Cuts Begin
According to property consultant Knight Frank, global housing markets continue to display healthy price growth in late 2023, despite the record rise in interest rates since late 2021. Across our basket of world cities, average prices only experienced a decline on a quarterly basis in the final quarter of 2022, after which prices have risen by 2.7%.
Global Home Prices Spike 9.2 Percent in Mid-2021
The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.
Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
Miami International Home Sales Totaled $6.9 Billion in 2019
A strong U.S. dollar and a worsening global economic outlook outside of the U.S. slowed South Florida international home sales in 2019.
