Savills Prime Residential Index: World Cities – H1 2023
Contains 2 articles"Will rents continue to outperform capital values? Which cities have continued to perform? And what do we expect to see for the remainder of 2023?"
Tagged Articles
"Will rents continue to outperform capital values? Which cities have continued to perform? And what do we expect to see for the remainder of 2023?"
"As pressure on buyers’ budgets increases, committed sellers need to price in a way that reflects the prevailing macroeconomic conditions"
"Here are our tips for buyers and sellers in the prime residential market."
"The £5 million-plus property market makes a steady start to 2023"
"Positive capital value growth continued throughout 2022, with average increases of 3.2% across the 30 cities in the index. However, rising interest rates and negative sentiment took a hold in the second half of the year"
"Central London’s performance has been relatively robust during 2022, both in terms of pricing and transactions. But during 2023, the UK is expected to teeter on the edge of a recession"
"Looking further ahead, the prime Scotland market will remain robust as the value gap and quality of life, alongside the strength and depth of Edinburgh and Glasgow’s economy, means there’s more capacity for growth, and we expect the markets here to outperform the overall prime UK market over the next five years"
"Central London’s recovery interrupted as global economic growth slows."
"Caution amid the economic uncertainty."
"With interest rates and the cost of living on the rise, how is a change in the mood music affecting the prime housing market?"