Knight Frank: Residential price growth above 10% across 43 cities
Cities are now outperforming national housing markets, with 43 cities registering an annual price growth above 10%, up from just one year ago, according to Knight Frank’s latest report Knight Frank’s Global Residential Cities Index, published in July.
The report also confirmed that average prices across 150 cities are rising at their fastest rate since 2007.
In a statement, Knight Frank Malaysia international residential project marketing associate director Dominic Heaton-Watson said: “Far from underperforming their national housing markets, as many expected a year ago, cities are now outpacing them.”
