Prime World Cities

"Rents continue to outperform capital values, though declining interest rates mean that the scale of the outperformance is lessening."

"Starting with Jane Austen and ending with Emily Brontë, Kelcie Sellers of our World Research team takes inspiration from the world of literature in putting the prime residential markets of London into a global context"

"Across the 30 cities covered by the Savills World Cities Index, capital values grew at an average rate of 0.8%, exceeding the 0.6% growth forecast from December 2023. But which cities made the top 5?"

"Prime residential rents grew by 2.2% across the 30 cities in the Savills World Cities Index in the first half of the year. Which cities saw the strongest rental growth?"

"Inflationary pressures and difficult market conditions in the prime residential markets across the globe lead to a subdued set of growth performance figures in 2023"

"Rents outpaced capital values in 2023, with 28 of the 30 cities tracked in the World Cities index experiencing positive rental growth. Rents increased by an average of 5.1% compared to the average capital value growth of 2.2% for 2023"

"On average, prime yields moved out slightly in 2023 as rents outperformed capital values, but shifting local supply and demand factors meant there were some outliers"