Prime properties in Dubai are forecast to see the largest price growth in 2014, according to Knight Frank’s recently-released Prime Global Forecast.
Tagged – ‘Africa’
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.
The latest edition of the Prime Global Cities Index, which tracks the performance of luxury residential property prices in key cities around the world, rose by 6.6% on average in the year to September but by only 1.2% in the last three months.
Chinese investors are the most influential buying nationality in prime new-build markets globally , according to new research.
Prime residential rents rose by 2.3% on average around the world in the second quarter of 2013.
European house prices rose for the first time since 2010 in the second quarter of 2013, although there is a sharp divergence in performance between individual countries.
Knight Frank’s Global House Price Index confirms that average prices rose 6.6% in the year to March, the highest rate of growth since Q2 2010.
Where is wealth being created and where does current and future demand for luxury residential property around the world come from?
The latest cost-of-living survey from consultant Mercer makes for interesting reading, not least because some of the poorest countries in the world come out as the most expensive.
The arguments for investing in farmland seem compelling.