According to global property consultant CBRE, with vaccinations ramping up and economies reopening worldwide, global commercial real estate investment volume grew by 98% year-over-year to $260.4 billion in Q2 2021.
According to Knight Frank's latest Global House Price Index for Q2, 2020, Turkey leads the annual rankings with prices up 25% year-on-year.
While early signs of the impact of the Covid-19 pandemic on rental prices were already noticeable in the first quarter of 2020, the effects of the travel ban, which was valid from mid-March, are now fully visible.
The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent