Savills Impacts: Global Outlook March 2021
"In the latest edition of Impacts, we reveal the trends in global real estate that have accelerated, which are emerging and those that we believe will dominate"
Prime World Cities
Tagged Articles
Savills Prime Index: World Cities
Contains 6 articles"Many of the factors which helped drive the prime residential market in the second half of 2020 are expected to continue into 2021"
A year of change
"Prime residential markets show resilience amid Covid-19 headwinds"
Global cities outlook
"The average prime residential price growth for the cities in the index is forecast at 1.6% for 2021, against the +0.5% seen in 2020. This growth varies by city"
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Price growth returns
"Price growth sees variation across cities with different factors at play"
Period of adjustment
"Prime rental growth has on average performed worse than price growth, hindered by travel restrictions and lower demand in urban centres"
What has happened to yields?
"Average prime residential gross yields across our prime cities stand at 3.1% as of December 2020, slightly down from 3.2% at the same point the year prior"
Buy. Hold. Sell
"For those looking to purchase a property abroad, the associated costs are often a key consideration"
Savills Impacts: Global Outlook 2021
"Welcome to our latest update of Impacts, Savills global thought leadership publication and research programme"
Savills Prime Index: World Cities
Contains 6 articles"Prime residential markets are reacting to changes in lifestyles and economic conditions as a result of Covid-19"
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