Wednesday, August 10, 2016

Prime global real estate growth reaches two-year high: Knight Frank

Water Mill, NY home; listing via Knight Frank For the fifth consecutive quarter, luxury home prices are growing faster in Vancouver, British Columbia, Canada than anywhere else. According to Knight Frank, in the 12-month period ending June 2016, Vancouver’s average prime real estate surged 36.4 percent, considerably more than second-place Shanghai’s 22.5 percent growth. Globally, the price index increased 4.4 percent, the most in two years, even as traditional players have faltered. “If we omit Vancouver, […]

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