Prime property

"Inflationary pressures and difficult market conditions in the prime residential markets across the globe lead to a subdued set of growth performance figures in 2023"

"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"

"Rents outpaced capital values in 2023, with 28 of the 30 cities tracked in the World Cities index experiencing positive rental growth. Rents increased by an average of 5.1% compared to the average capital value growth of 2.2% for 2023"

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

"Seasonality returns to London’s prime rental markets as growth dips marginally into negative territory for the first time since March 2021"

"Movements in rents of prime houses outside of London appear to be shifting back in line with pre-Covid levels as seasonality returns to the rental market"

"How do we expect the rental market to perform over the next five years?"