Knight Frank’s Global House Price Index which tracks mainstream residential prices in 53 countries, as well as Dubai and Hong Kong, has exceeded its pre-financial crisis high.
Rumours of changes to property taxation featured prominently in the run up to today’s UK Autumn Statement, in the event the rumour mill was proved correct Knight Frank examines the market implications.
Vienna is rising up the preferred list of second home locations for buyers looking to combine culture with privacy and security.
Residential property prices and sales in Hong Kong are expected to decline in 2014 as a result of Government cooling measures, according to Knight Frank forecasts.
In October, the volume of new-build property sales outpaced the re-sales market , as developers offered attractive packages to lure buyers.
In spite of the introduction of further cooling measures aimed to cool residential property markets across Asia-Pacific, mainstream house prices in the region increased by an average of 8% in Q3 2013.
Residential landlords who let out properties they once occupied face lower total returns after changes announced by Chancellor George Osborne in his Autumn Statement last week.
Homebuyers in London and the South East paid over 60% of the total Stamp Duty take for the UK in the 2012-13 financial year, figures from HM Treasury show.
The average price paid for a property in the super-prime (£10m+) market in 2013 is just over £18m, a 26% increase on the average price paid for a super-prime property over the same period in 2012.