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Global Cities Residential Price Growth Recovers as Interest Rate Cuts Begin

Global Cities Residential Price Growth Recovers as Interest Rate Cuts Begin

According to property consultant Knight Frank, global housing markets continue to display healthy price growth in late 2023, despite the record rise in interest rates since late 2021. Across our basket of world cities, average prices only experienced a decline on a quarterly basis in the final quarter of 2022, after which prices have risen by 2.7%.

2024 Elections Rank as Biggest Potential Risk to Luxury Housing Markets Worldwide

Based on new data by Kate Everett-Allen, head of international residential research at Knight Frank, despite 2 regional wars, rising mortgage rates and inflation, global economies have displayed surprising resilience, with recent inflation figures suggesting a turning point.

International Travel for Americans Jumps Over 200 Percent in 2023

According to AAA booking data, international trips are on the rise this year. International travel is up more than 200% compared to 2022. Hotel bookings are seeing the biggest jump, up more than 300% over last year.

European Construction Slows as Demand Plummets in 2023

According to ING, high interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe.

Luxury Branded Residences Enjoy Global Growth Despite Economic Uncertainties

Based on Knight Frank's newly released Global Branded Residences Report 2023, the branded residences property sector has enjoyed sustained growth despite significant recent global economic turmoil.

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Barcelona Property News

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Luxury Branded Residences Enjoy Global Growth Despite Economic Uncertainties

Posted on June 27, 2023
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The World's Luxury Property Markets Go Negative in 2023

Posted on May 12, 2023
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European Hotel Transactions Decline 18 Percent in 2022 as Interest Rates Surge

Posted on May 01, 2023
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European Hotel Values Upticked 3 Percent in 2022

Posted on March 28, 2023
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Third-Party Hotel Operators Set to Increase Across Europe in 2023

Posted on January 23, 2023
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Global Residential Rents Continue to Climb Despite Worldwide Economic Uncertainties

Posted on December 30, 2022
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Will Abortion Ban Trigger People To Move Out of the U.S.?

Posted on July 08, 2022
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Global Cities Home Prices Rising at Fastest Rate Since 2004

Posted on June 10, 2022
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Residential Sector to Command Larger Slice of Global Property Investment

Posted on October 28, 2021
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Global Home Prices Spike 9.2 Percent in Mid-2021

Posted on September 24, 2021
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Worldwide, 1 in 4 People Are Looking to Move in Coming Year

Posted on August 25, 2021
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Much of the World's Housing Market in a Price Bubble in 2021

Posted on July 09, 2021
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Global Commercial Property Investment Down in Q1

Posted on May 26, 2021
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Portugal Vacation Home Searches Rise as COVID Travel Rules Soon Ease in the U.K.

Posted on May 10, 2021
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Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020

Posted on April 02, 2021
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Manila Top-Ranked City in Latest Global Residential Cities Index

Posted on January 05, 2021
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Manila is World's Top Housing Market for Price Appreciation at 22 Percent Annually

Posted on July 01, 2020
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Miami International Home Sales Totaled $6.9 Billion in 2019

Posted on June 11, 2020

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