For those living in cramped, Covid-infested cities, vacation homes are worth more than gold. In the US, anyone who has one is living there right now. In countries with a stricter lockdown, retreating to a rural weekend bolthole is less straightforward—Scotland’s chief medical officer had to resign on Monday after being given a police warning […] More
The proportion of homes sold about the list price fell to a three-year low of 19.9% in 2019, suggesting last year was a less competitive one for buyers. The coolest top-35 markets were Miami (8.9% of homes sold above asking), Las Vegas (12.6%) and Tampa (13.3%). Las Vegas fell from 26.8% a year ago, which […] More
Property prices in key cities across the world increased by 3.5% on average in the second quarter of 2019, led by annual growth of 25% in Xi’an in Chine, the latest international index shows. Overall, some 80% of the 150 cities covered by the Knight Frank index saw property prices rise in the 12 months […] More
More countries and are seeing residential property price rises year on year than at any time in the last decade but the average rate of growth is slowing significantly, the latest global index shows. Although still in positive figures, the second quarter Global House Price Index from Knight Frank has seen a slowdown in annual […] More
Mounting economic headwinds are contributing to slower prime property price growth in key cities around the world and leading policymakers in developed and emerging markets alike to cut interest rates. The latest prime global index from Knight Frank shows that residential prices across 46 cities increased by 1.4% in the year to June 2019, up […] More
It’s one of the most extraordinary album covers you’ll ever see: row upon row of hospital beds, stretching off along the sands towards the sea. On one of the beds sits a man; a few rows away stands a uniformed nurse, bedsheets in hand. The beds—700 of them, real wrought-iron hospital beds, in the days […] More
Those living in the Empire State have become somewhat desensitized to exorbitant rental prices—especially since they hit an all-time high earlier this year—but this opulent estate’s monthly fee is sure to make even the most seasoned renter’s eyes water. Located in bougie Bridgehampton, the expansive mansion is now available to rent for a cool $1 […] More
House prices in the top 50 university cities around the world are on average 25% higher than the national average according to a new analysis of values from 2009 to 2018. The research from Property Consultants Bidwells found that house prices grew on average 65.8%, compared to a national average growth of 40% with the […] More
