The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.
According to international property consultant Knight Frank, despite three national lockdowns, a delayed vaccine program, closed borders and with residential sales halted for several weeks in the second quarter of 2020.
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.
While early signs of the impact of the Covid-19 pandemic on rental prices were already noticeable in the first quarter of 2020, the effects of the travel ban, which was valid from mid-March, are now fully visible.
Major metropolitan office markets across the globe are seeing a significant increase in the adoption of "green" building certification programs.
Posted on April 30, 2018
Posted on February 04, 2015