Asia Pacific Residential Real Estate News
Asia Pacific Residential
Global Home Price Growth Accelerates in 2024
Based on new data from Knight Frank, global housing markets continued to see stronger growth in the first quarter of 2024, with annual growth across the 56 markets we cover reaching 3.6%.
Super Luxury Home Sales Worldwide Down 12 Percent Annually in Q1
According to new data from Knight Frank, there were 426 sales of properties valued at over $10 million in the first three months of 2024 across 11 tracked markets. This is an increase from the 365 sales in the previous quarter but represents a 11.6% annual decrease compared to the 482 sales in Q1 2023.
Manila is World's Top Housing Market for Price Appreciation in Early 2024
According to global property consultant Knight Frank, the first quarter of 2024 witnessed an average annual growth rate of 4.1% across the 44 markets covered by the Knight Frank Prime Global Cities Index, marking the strongest rate of growth since Q3 2022
Mainland Chinese Buyers Flock Back to Hong Kong Luxury Properties in Early 2024
Mainland Chinese buyers are observed to have accounted for around 70% of recent primary sales of luxury residential properties worth HKD 30 million or above, rebounding from less than 50% before the removal.
