The Russian capital is followed by Frankfurt (10.3%), Taipei (8.9%), Manila (7.4%) and Berlin (6.5%) in the top five. Moscow leads the index this quarter with 11.1% growth, partly because of a number of high-end projects in exclusive neighborhoods, the report said.
Travers’ London Home Selling for £4.85 Million presidential election in 2020 and the Brexit conundrum are among buyers’ concerns. and China, Hong Kong’s political tensions, a looming U.S. The intensifying trade relations between the U.S. The slowing price growth is reeling from political uncertainties around the world, Knight Frank said. And it includes Bucharest (0.7%), the capital and largest city of Romania, for the first time. It tracks the movement in prime residential prices in 45 cities worldwide. The prime price index released by the real estate consultancy firm has gone up by 1.1% in the third quarter, the lowest rate of growth in the last five years. While global luxury residential prices continue to stay stagnant in world-class cities such as London and New York, several second-tier cities have flexed their economic muscles, a trend reflected in the prime prices in those areas, according to a report published Monday by Knight Frank.
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