Global house prices shifted marginally in the year to June 2015 rising by only 0.1%.
Tagged – ‘housing market’
Lower oil prices are leading many in the GCC to wonder about the possible implications for real estate.
With price growth in Dubai and much of Asia slowing, the Knight Frank Global House Price Index has lost its main engines of growth resulting in a rise of just 0.1% in the third quarter of 2014.
Households perceive that the value of their home rose in October, according to the House Price Sentiment Index (HPSI) from Knight Frank and Markit Economics.
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.
The average sale price in prime central London between June and August 2014 was £4.7 million, up from £3.7 million in the preceding three-month period.
Over the last two to three years, India’s economic health had deteriorated, and the situation of the Mumbai Metropolitan Region (MMR) residential property market was no different.
In July, demand for new-build residential properties was the key driver of Hong Kong’s residential market.
The number of tenancies agreed across the Home Counties rental market between April and June was 50% higher year-on-year, driven by an increase in demand from corporate tenants working in London.
A month prior to the release of the maiden budget of the new Indian government we released a report titled Is it the dawn of the Indian real estate sector, and surely it was.