Marylebone and Regent’s Park are up and coming areas in the super-prime development market. In the last five years developers, aware of the area’s investment potential, have built some 300 new units with a further 217 currently under construction.
Tagged – ‘Residential Property’
Global house prices shifted marginally in the year to June 2015 rising by only 0.1%.
Lower oil prices are leading many in the GCC to wonder about the possible implications for real estate.
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.
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.
Are we any closer to understanding what role foreign investment plays in residential property in Australia?
Earlier this year, after community pressure on the Australian Government to provide an explanation of the role foreign investment plays in residential property in Australia, the Treasurer commissioned a study to be undertaken by the House of Representatives Standing Committee on Economics.
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.
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.