The WPJ

Belgium

Global Home Price Growth Further Slows in Mid-2023

Based on Knight Frank's latest Global House Price Index, average annual price growth slowed across a cohort of world cities in Q2 2023, falling to 1.7% from 3.2% in Q1 of 2023.

European Construction Slows as Demand Plummets in 2023

According to ING, high interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe.

Luxury Branded Residences Enjoy Global Growth Despite Economic Uncertainties

Based on Knight Frank's newly released Global Branded Residences Report 2023, the branded residences property sector has enjoyed sustained growth despite significant recent global economic turmoil.

Prime Global Residential Rents Hit Record High in Q1

According to global property consultant Knight Frank, rents in global luxury residential markets are continuing to see strong growth. The Knight Frank Prime Global Rental Index rose by 8.5% in the 12 months to March 2023 this year - with rents in a majority of markets hitting new records.

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