Prime Global Cities Index Q4-2019

The Prime Global Cities Index is a valuation-based index tracking the movement in prime residential prices in local currency across 40+ cities worldwide using data from our global research network.

Frankfurt leads the index, registering prime price growth of 10.3% yearon- year in 2019. A demand/supply imbalance and regeneration of the city centre are fueling price growth.  Although more expensive than Berlin, the city remains highly competitive compared with London and Paris in price terms.

At 0.9%, the index recorded its lowest rate of annual growth in a decade. Slowing economic growth, a raft of property cooling measures and in some cases, a backlog of prime supply are together weighing on activity in a number of markets.

The slowdown in price growth is a trend we see reflected in the performance of the top ranked city in recent years. Between 2011 and 2013 annual price growth in excess of 25%
was not unusual for some emerging market cities, but it has now more than halved.