
Savills Prime Residential Index: World Cities
Contains 6 articles"Average rental growth across the 30 cities increased by four times the average capital value growth, at 2.8% and 0.7%, respectively, in H2 2022"
Tagged Articles
"Average rental growth across the 30 cities increased by four times the average capital value growth, at 2.8% and 0.7%, respectively, in H2 2022"
"While cities are still in vogue, global capital value growth slowed during the second half of 2022. The prime rental markets, however, told a different, more positive story"
"Following two years of staggering growth, the prime residential markets are set to slow in 2023. Of the 30 major global cities in the index, 17 will record slower capital value growth than in 2022. However, 13 cities are forecast equal or even slightly enhanced growth in 2023, and rental markets will remain a bright spot"
"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"
"On average, prime residential gross yields have remained stable at 3.0% in 2022. Yields have largely held steady since December 2020, fluctuating by just 10 bps during the pandemic"
"In an environment of rising interest rates, the costs associated with buying, holding and selling a prime residential property are an important consideration"
"Where does London stand in a global context? We examine the factors influencing capital and rental values across the world’s most dynamic cities"
"For the prime residential markets around the world, soaring demand for urban living against constrained supply has caused capital values to continue rising and rental values to excel"
"After a strong 2021, growth continues into 2022"
"Rents outpace capital value growth"