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News from Knight Frank Hong Kong

Knight Frank Global Residential Cities Index Q3 2018

28 February 2019

Results for Q3 2018:

 

  • On average, global prices increased by 4.5% year on year with 123 cities registering a rise in residential prices over a 12-month period
  • Asia-Pacific remains the top-performing world region, with a 6.2% increase over the 12-month period to Q3 2018, up from 3.3% a year ago
  • Xi’an tops the index this quarter, registering an annual price growth of 20%, almost twice the rate of growth of Changsha (10.9%), China’s second strongest-performing city
  • Major Australian cities Sydney (-4.4%), Melbourne (-1.5%) and Perth (-0.5%) all recorded price declines in the last quarter