The WPJ

Canada

Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020

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.

Turkey Enjoys World's Highest Annual Residential Price Growth

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 Investment Fell 26 Percent in 2020

Global property consultant CBRE is reporting that worldwide commercial real estate investment increased by 84% quarter-over-quarter in Q4 to $290 billion but was down by 20% from Q4 2019.

Manila Top-Ranked City in Latest Global Residential Cities Index

The annual rate of home price growth (worldwide) increased between Q2 and Q3 2020, from 4.1% to 4.7%, and 18 international cities saw prices rise by more than 10% year-on year, up from 16 in Q2 2020.

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