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.
It has been a year since the first UK national lockdown. However, according to property consultant Knight Frank, it has been significantly shaped by the events of the last 12 months. Some parts of the market were impacted more than others and there is little uniformity in how it is recovering from the pandemic.
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.
Miami, Florida and Dubai in the United Arab Emirates are thousands of miles apart, separated by geography, cultural differences and political landscapes; however, there's more in common between these sunshine cities that you would think.
Posted on September 14, 2020
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