Knight Frank's Prime Global Cities Index is a telling report based on the movement in prime residential prices in local currency across 40+ cities worldwide. This 2019 report delves into the change in prime prices in 45 countries, looking at macroeconomic conditions including; escalating headwinds around trade tensions between the US and China, Hong Kong's political tensions, and Brexit as contributing towards buyer sentiment.
For Q3 2019, Moscow led in the index with prime prices rising by 11%, while secondary cities in Asia - including Taipei, Manila, Guangzhou, and Delhi - are creeping back into the top ten.
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