The WPJ

Johannesburg

Singapore Replaces New York as Strongest Global Residential Rent Growth City in 2022

Global property consultant Knight Frank is reporting this week that Singapore leads the Q4 2022 rankings, pushing New York off the top spot. Singapore's annual rental growth grew from 23% in Q3 to 28% in Q4 2022, with limited stock and strong demand driving prices higher.

Global Cities Home Prices Rising at Fastest Rate Since 2004

According to international property consultant Knight Frank's latest Global Cities Home Price Index, real price growth in local currencies and movement in mainstream house prices across 150 global cities, 94% of which saw prices increase over the latest 12-month period, up from 85% a year ago.

Global Home Prices Spike 9.2 Percent in Mid-2021

The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.

Global Commercial Property Investment Down in Q1

According to new research by international property consultant JLL, global commercial real estate transaction volumes declined by 13% year-on-year in the first quarter of 2021.

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