International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
International property consultant Knight Frank is reporting this week that global residential prices are rising at their fastest rate in nearly three years. Prices increased by 5.6% on average in 2020, up from 5.3% in 2019.
According to the editors at International Living -- Latin America, Europe, and Southeast Asia -- were favored in 2021 by U.S. retirees and expats looking for high-quality, good-value living.
Employers and workers are embracing the freedom of where to live and work; and if that trend holds, a shift in real estate demand will occur on a global scale.
Slovenia is home to the world's fastest rising house prices with average values accelerating 18.2% year-on-year. Falling unemployment, low interest rates and until recently, limited supply, are behind the strong price growth.
Posted on February 04, 2015