
Five things you need to know about global prime residential markets
"Key insights from the Savills World Cities Prime Residential Index"
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"Key insights from the Savills World Cities Prime Residential Index"

"We look at the value of the US dollar across global prime residential property markets, including London"

"Which cities have seen price growth in the first six months of the year? Are rents still outperforming capital values? And what do we expect to see for the remainder of 2024?"

"The Asian Pacific: attracting global players and a true hotspot for branded residential schemes"

"Savills Prime Residential Index: World Cities monitors the performance of prime residential property across 30 global cities; tracking capital, rental and yield values. Average growth in 2023 was 2.2% for capital values, while rents grew at 5.1% on average"

"In the face of economic uncertainty, prime residential pricing proved resilient in 2023, though at lower levels of price growth than seen in the immediate aftermath of the pandemic, with average increases of 2.2% across the index"

"For international buyers, a property’s purchase price is only part of the cost equation"

"The number of branded residences continues to increase with many new projects scheduled in the APAC region"

"Branded residences originated in the Americas, with rapid expansion still seen in South Florida and São Paolo leading the way"

"In an environment of rising interest rates, the costs associated with buying, holding and selling a prime residential property are an important consideration"