The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent
A strong U.S. dollar and a worsening global economic outlook outside of the U.S. slowed South Florida international home sales in 2019.
According to global real estate consultant Knight Frank, home prices across 56 countries and territories worldwide are rising at an annual rate of 3.7% on average. This marks the index's slowest rate of growth for over six years.
With capital growth in most prime residential markets around the world shrinking in 2019, the global economic landscape looks markedly different from that a year ago.