![]() ![]() ![]() Knight Frank further states, set against this backdrop of heightened uncertainty, rising taxes and more property market regulations (e.g. Inflationary pressures are surging, and the cost of debt is increasing as interest rates track higher. Much maligned during the pandemic as the 'race for space' story took hold, the dynamism of cities is reasserting itself.īut the market cycle is shifting as large parts of the world move from a pandemic to post-pandemic landscape. Email Sign Up For Our Free Weekly NewsletterĪccording to international property consultant Knight Frank's latest Global Cities Home Price Index, real price growth in local currencies and movement in mainstream house prices across 150 global cities, 94% of which saw prices increase over the latest 12-month period, up from 85% a year ago.Ĭity home prices are outpacing their national markets, which registered growth of 10.3% over the same period. ![]()
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