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Prime property prices in key global cities up 1.4% on average in 2016

Prices in key prime property markets around the world increased by 1.4% on average year on year, almost unchanged from the increase recorded in 2015, the latest global index shows. Australasia was the strongest performing world region in 2016 with prices rising by 11.4% year on year with Shanghai prices up 27.4%, Beijing up 26.7% […] The post Prime property prices in key global cities up 1.4% on average in 2016 appeared first on PropertyWire . Continue reading

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Property costs in London now more competitive on global stage due to Brexit

Property in London is now more competitive on the world stage as Brexit has pushed it down the global real estate rankings, new research shows. This time last year London was the most expensive world class city for international businesses to rent office and living space for their employees, but the devaluation of sterling means […] The post Property costs in London now more competitive on global stage due to Brexit appeared first on PropertyWire . Continue reading

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Outlook for residential property in key Asian cities more subdued for 2017

Many residential property markets in Asia have seen a year of strong increases but prospects for 2017 look more subdued, according to a new report. Potential risk for Asian property markets include rising interest rates in the United States and the strength of the US dollar. There is also the threat of US trade tariffs, […] The post Outlook for residential property in key Asian cities more subdued for 2017 appeared first on PropertyWire . Continue reading

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