【World Property Journal】Global Residential Cities Price Index Dips in Q2, Amid COVID Outbreak
Based on international property consultant Knight Frank's latest Global Residential Cities Index, the annual rate of price growth worldwide declined marginally from 3.6% to 3.4% between March and June of 2020.
Not surprising, given most housing markets were stopped in their tracks by the pandemic in the second quarter with transactions unable to complete. Nevertheless, the index is still recording growth on a par with that seen in 2018 and 2019.