Prime Global Cities Index Q3

Wednesday, 10 November 2021

Prime prices in global cities continue to rise. The index, based on the average price performance of 45 cities, surged by 9.5% in the year to September 2021, up from 8.3% in June.

With travel starting to normalise, the prospect of tighter monetary policy on the horizon, as well as higher taxes and cooling measures, evidence suggests prime markets had a busy third quarter. Some 84% of cities saw prices rise on an annual basis, up from 76% last quarter and 16 cities (33%) saw prices increase by more than 10% during the 12-month period. 

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