The sector's share of capital flows will continue to be supported by favorable demographic, economic and capital markets tailwinds which will drive expansion in established markets and accelerate growth in emerging markets in Asia Pacific and Europe.
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.
International property consultant Knight Frank's latest Global Buyer Survey released this week analyzed the impact that Covid-19 had on residential buyers' attitudes to purchasing homes around the world.
According to global property consultant CBRE, with vaccinations ramping up and economies reopening worldwide, global commercial real estate investment volume grew by 98% year-over-year to $260.4 billion in Q2 2021.
International property broker Knight Frank's latest Global House Price Index is reporting that urban house prices worldwide are rising at their fastest rate since 2007 and of the 150 cities they track, 43 are now registering annual price growth above 10%.
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