Assessing Prime Residential Markets Globally in 2024
Dubai and Auckland comes out tops in the markets that stand resilient for homebuyers to invest.
The post Assessing Prime Residential Markets Globally in 2024 appeared first on LUXUO.
With holiday-goers returning from their trips and school now back in full swing, the winding down of New Year celebrations brings the rest of the year into perspective. Plans for buying a home and investing in property in 2024 might be on your mind should you decide to maximise your potential investment plans. LUXUO highlights the prime areas and risks involved when investing in property for the year to come.
Goodwood Residences in Bukit Timah. Image: Goodwood Residences.
A recent Knight Frank 2024 report has revealed “cautious optimism” based on a global forecast. The findings also revealed that frontrunner Dubai is the location to invest for 2024. While two major geopolitical crises occur, observers have noted varying approaches within the banking industry. As prices for gas and oil remain high, this has led to leaders in Canada and the UK signalling their intent to address inflationary risks. However, their political brethren in Europe and the US come at a more relaxed stance.
Kate Everett-Allen, Head of International Residential Research, Knight Frank, opines, “Amid this backdrop, the ‘higher for longer’ trend persists, leading to a notable shift in buyer behaviour. Our global research network reports that 52 percent of prime buyers now opt for cash purchases...
The post Assessing Prime Residential Markets Globally in 2024 appeared first on LUXUO.
With holiday-goers returning from their trips and school now back in full swing, the winding down of New Year celebrations brings the rest of the year into perspective. Plans for buying a home and investing in property in 2024 might be on your mind should you decide to maximise your potential investment plans. LUXUO highlights the prime areas and risks involved when investing in property for the year to come.
Goodwood Residences in Bukit Timah. Image: Goodwood Residences.
A recent Knight Frank 2024 report has revealed “cautious optimism” based on a global forecast. The findings also revealed that frontrunner Dubai is the location to invest for 2024. While two major geopolitical crises occur, observers have noted varying approaches within the banking industry. As prices for gas and oil remain high, this has led to leaders in Canada and the UK signalling their intent to address inflationary risks. However, their political brethren in Europe and the US come at a more relaxed stance.
Kate Everett-Allen, Head of International Residential Research, Knight Frank, opines, “Amid this backdrop, the ‘higher for longer’ trend persists, leading to a notable shift in buyer behaviour. Our global research network reports that 52 percent of prime buyers now opt for cash purchases...
| -------------------------------- |
|
|
