luxury
Prime rental market in key global cities showing signs of recovery
Prime rents across the 17 key cities around the world fell marginally by just 0.4% in 2016 suggesting that the sector is seeing a recovery. Some 10 of the cities recorded rental growth over the course of the year, up from seven in 2015, according to the data from the Knight Frank’s prime global rental […] The post Prime rental market in key global cities showing signs of recovery appeared first on PropertyWire . Continue reading →
Residential property sales in Hong Kong up after pause for New Year festival period
Residential sales volume in Hong Kong rebounded in February, with both sellers and buyers returning to the market after the Lunar New Year festival, particularly in the primary market, the latest research shows. Overall sales rebounded 24% and more new flats were launched during the month, with developers offering various sweeteners to offset the impact […] The post Residential property sales in Hong Kong up after pause for New Year festival period appeared first on PropertyWire . Continue reading →
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 →