Four years can be a long time in sport, politics… and house prices.
Tagged – ‘Europe’
A referendum on the UK’s membership of the European Union has been a possibility since January 2013 when David Cameron pledged to hold a vote on the issue.
Global house prices shifted marginally in the year to June 2015 rising by only 0.1%.
Knight Frank’s Global Vineyard Index records another year of solid growth in vineyard values, with wine-making regions in the US and New Zealand leading the rankings.
Luxury residential markets face a diverse range of challenges and opportunities in 2015, but now that stimulus measures have all but disappeared in the US and the UK, all eyes are on Europe and Japan and the extent to which they could halt the tentative global recovery.
The search for safe haven assets post 2008 saw London, New York and Hong Kong pushed to the top of international buyers’ wish lists.
Our Prime Global Cities Index, which tracks the movement of luxury residential prices across 33 cities, rose by only 0.2% in the third quarter of 2014, its weakest performance in two years.
More countries recorded a rise in house prices in the year to June than at any point since the start of the global financial crisis but Europe’s mainstream housing market is still lagging behind. Our Global House Price Index presents a mixed picture this quarter.
Despite Rublevka’s reputation as the most expensive residential area in Moscow, Knight Frank’s research suggests that some suburban areas within the city are even more expensive.
Knight Frank’s new European Cities Review finds that the performance of luxury residential markets across the region’s key cities has been disparate and patchy since the financial crisis took hold in 2008.