Asia Pacific Residential Real Estate News
Asia Pacific Residential
India Home Prices Nationwide Climbed 9 Percent Annually in 2024
According to data from PropEquity, a leading Indian real estate analytics firm, the weighted average asking price of residential properties across India's top nine cities increased by 9% in FY 2024-25, reaching Rs 13,197 per sq. ft., up from Rs 12,569 per sq. ft. in FY 2023-24.
Global Prime Residential Rent Slowdown Continued in Late 2024
According to the latest data from Knight Frank, prime rental growth across 16 key cities slowed in the final quarter of 2024, with rents rising by 2.2% over the past year -- the slowest pace in more than three years.
Global Luxury Residential Prices Showed Gradual Improvement in Late 2024
According to Knight Frank's latest Prime Global Cities Index, the growth of prime residential property prices worldwide is slowly gaining momentum. The annual growth rate climbed in the final quarter of 2024, reaching 3.2%. Although this marks an improvement from the previous quarter, it remains below the 20-year average of 5.3%.
Hong Kong Housing Market to Reach Equilibrium in Late 2025
According to JLL's latest Residential Market Monitor report, new home inventory is expected to reach a more balanced supply-demand equilibrium by the end of 2025.
