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Posts Tagged ‘Kate Everett-Allen’

North America Leads Luxury Housing Trends in 2Q14 – Knight Frank

July 30, 2014 | 12:34 pm | delogo |

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Knight Frank published their quarterly Prime Global Cities Index today and North America led the way as a region with a 14.5% rise in prices. “Prime” translates to “Luxury” in US housingspeak. We provide research for their Manhattan and Miami results through the Elliman Reports we prepare.

The report conclusion succinctly summarizes the state of high end housing today and speaks to the global phenomenon:

…the index’s annual increase of 6.2% in the year to June is above the long-run average of 4.6% recorded since Lehman’s collapse in the third quarter of 2008, underlining the extent to which prime property has become a favoured asset class globally.

Here’s the table…

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[click on table to open report]

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[Knight Frank] Ukraine Was Weakest Property Market Yet Global HPI Jumps To Record

March 19, 2014 | 2:00 am |

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Knight Frank just released their Global House Price Index which showed record results:

Growth of 8.4% in 2013 represented the highest annual rate of growth since our index started in 1995.

Dubai lead the way with a 34.8% jump in prices Y0Y while Ukraine rounded out the bottom in 56th place with a 25.9% decline over the same period. The US was ranked 9th overall.

The full report is now available and chock full of great info and insight.

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