Australia’s luxury property market surpasses global competitors
Luxury property prices in Australia continue to remain strong, even as other global markets experience a slowdown due to rising interest rates impacting affordability. According to Knight Frank’s latest Prime Global Cities Index, all four Australian cities analyzed showed growth in luxury residential property prices. Perth led with a 3.7% increase over the year to […]
Dubai Predicted to Experience Significant Growth in High-End Residential Property Market in 2024
Dubai has emerged as the leading city in the prime residential property market. The city recorded a capital value increase of 17.4% over the past year, significantly outstripping the 2.2% average price growth observed across 30 global cities in the Savills Prime Residential World Cities Index. Despite this impressive growth, Dubai remains affordable globally at […]
Surge in Perth, Australia Luxury Property Values Expected
Despite facing higher interest rates, Perth’s property market is poised for a significant growth spurt, standing out internationally. A recent forecast by Oxford Economics Australia suggests a 30% increase in property prices by 2027, driven by a critical undersupply of homes and robust population growth. The “Residential Property Prospects” report highlights Perth as the standout […]
Portuguese Real Estate Market Is Outpacing Traditional International Markets
Property Market-Index’s new study has found that real estate prices in Portugal continued to outstrip those of the rest of Europe and many other traditional international real estate markets last year. Our independent research revealed an 8.1% increase in 2023 for Portugal’s major real estate markets– compared to a 1.7% decrease in the euro area and […]
Monaco Ranked as the Leading Luxury Real Estate Market in 2023
In 2023, according to a report by Savills, Monaco remained at the top as the world’s priciest luxury property market despite overarching global economic challenges. Buyers paid an average of €51,418 per square meter, a modest increase of 0.9% from the previous year. This rate significantly exceeded those of other high-end markets such as Hong […]
International buyers advised to snap up bargains in London’s prime property market in 2024
International buyers looking to invest in London’s prime properties should act fast before the upcoming general election 2024. With a slight increase in available properties and the likelihood of higher prices beyond next year, estate agents are urging buyers to snap up properties while stocks last. The lower end of London’s prime property market, which […]
Property Market-Index compares the top Portuguese relocation hotspots in association with Portugal Pathways
The Portuguese property market has been gaining momentum in recent years, driven by a combination of factors, including the country’s stable economy, low taxes, and exceptional quality of life. Property Market-Index has worked alongside Portugal Pathways to provide an in-depth overview of the current state of the property market in Lisbon, comparing it to other […]
Dubai’s Luxury Property Market Soars, Powered by Record-Breaking Penthouse Deals
The high-end luxury segment has been driving the unprecedented demand for Dubai’s property market in the post-pandemic period. Prices have reached record levels in the past two years, with high net-worth individuals from new markets such as Western Europe and the US flocking to cash in on the lower rates and high returns. The landscape […]
Portugal’s Property Market Continues to Deliver Value Compared with Major International Real Estate Markets
Real estate buyers in Portugal are getting far more bang for their buck, according to new research from Property Market-Index. The sun-soaked nation offers the best deal for those looking for a four-bedroom home compared to elsewhere in Europe and many popular destinations around the world. And with the cost of living considerably lower in […]
Foreign Buyers and a Tourism Boom Are Fueling Japan’s Luxury Real Estate Market
For those seeking second homes in the countryside, Japan offers a range of attractive options with a bonus of strong value compared to other Asian markets, as well as an array of climates, landscapes, world-class culture, food, and history. As of Oct. 25, 1 yen was worth US$0.0067, reaching only a high of US$0.10 in […]