According to global property consultant JLL, asset yields across Asia Pacific face further compression in 2021, with tightening expected across various real estate asset classes and pricing adjustments in major metropolitan areas.
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.
According to CBRE, Perth's residential market is on track to record double digit growth for the first time in 11 years - leading Australia's housing recovery in 2021.
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.
Global commercial property consultant CBRE is reporting that 2020 saw the retail property sector in Australia recalibrate as lockdowns, trading restrictions and border closures impacted trading conditions and shifted consumer demand.
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