【World Property Journal】Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020
【World Property Journal】Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020
2021.04.06
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International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
However, the performance of urban house prices is becoming increasingly polarized. The gap between the strongest and weakest-performing city is now 42 percentage points, up from 36 in June 2020.
Emerging markets are amongst some of the strongest performers, Turkish and Russian cities amongst them - albeit Turkish price growth is largely linked to high inflation and the lira's trajectory.
