According to international property consultant Knight Frank, prime residential rents continue to rise but the rate of growth is slowing. Across ten global cities luxury rents increased 10.2% on average in the 12 months to Q3 2022, down from a high of 11.9% in Q1 2022.
According to international property consultant Knight Frank, global housing markets defied the odds in Q2 of 2022. While many expected a notable slowdown in the second quarter of 2022, both in terms of the index's overall performance, and in relation to the number of countries seeing house price declines in annual terms. Neither materialized.
According to global property consultant CBRE, following a strong global economic recovery in 2021 and early 2022, macroeconomic headwinds are raising fears of a broad-based downturn as central banks address persistent high inflation.
According to international property consultant Knight Frank's latest Global Cities Home Price Index, real price growth in local currencies and movement in mainstream house prices across 150 global cities, 94% of which saw prices increase over the latest 12-month period, up from 85% a year ago.
The sector's share of capital flows will continue to be supported by favorable demographic, economic and capital markets tailwinds which will drive expansion in established markets and accelerate growth in emerging markets in Asia Pacific and Europe.
Posted on July 10, 2020
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