"Across the 30 cities covered by the Savills World Cities Index, capital values grew at an average rate of 0.8%, exceeding the 0.6% growth forecast from December 2023. But which cities made the top 5?"

"Inflationary pressures and difficult market conditions in the prime residential markets across the globe lead to a subdued set of growth performance figures in 2023"

"In the face of economic uncertainty, prime residential pricing proved resilient in 2023, though at lower levels of price growth than seen in the immediate aftermath of the pandemic, with average increases of 2.2% across the index"

"On average, prime yields moved out slightly in 2023 as rents outperformed capital values, but shifting local supply and demand factors meant there were some outliers"

"Weaker confidence impacts price growth"