The slowdown seen across the world’s leading prime residential markets continued during 2019. The outlook for 2020 is slightly improved
The outlook for 2020 is slightly improved. In 2019, capital value growth across 23 cities in the Savills World Cities Prime Residential Index remained flat, averaging 0.1%. Markets across the index are forecast to see capital value growth of 1.8%, on average, in 2020, better than the previous year but still well below peak increases of 9.3% in June 2013.
There are markets which continue to defy the trend: Lisbon, Sydney, and Moscow (above) are all projected to have growth greater than 6% in 2020. A combination of low interest rates and increased demand are driving the growth in these markets.
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