
Spotlight on Wealth Trends
Contains 6 articles"Welcome to the Savills Spotlight on Wealth Trends, our inaugural report exploring the evolving dynamics shaping the lives of high net worth individuals around the world."
Tagged Articles

"Welcome to the Savills Spotlight on Wealth Trends, our inaugural report exploring the evolving dynamics shaping the lives of high net worth individuals around the world."

"Savills Prime Residential Index: World Cities monitors the performance of prime residential property across 30 global cities; tracking capital, rental and yield values. Average growth in 2023 was 2.2% for capital values, while rents grew at 5.1% on average"

"Rents outpaced capital values in 2023, with 28 of the 30 cities tracked in the World Cities index experiencing positive rental growth. Rents increased by an average of 5.1% compared to the average capital value growth of 2.2% for 2023"

"For international buyers, a property’s purchase price is only part of the cost equation"

"In the face of economic uncertainty, prime residential pricing proved resilient in 2023, though at lower levels of price growth than seen in the immediate aftermath of the pandemic, with average increases of 2.2% across the index"

"In an environment of rising interest rates, the costs associated with buying, holding and selling a prime residential property are an important consideration"
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"Focus on wellness"
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"More than ever, wellness has become a high priority for many buyers."
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"Across the board, locations which perform well against their counterparts for their particular World City can be found in traditional sun and sea areas."
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"With the increased focus on personal health and wellness, second homes locations have to pull double-duty."