Spotlight: Monaco – 2024
"While not immune from global events and trends outside its borders, Monaco continues to punch above its weight, maintaining its position as the world’s most expensive prime property market in 2023"
Savills World Research
Tagged Articles
Savills Prime Residential Index: World Cities
Contains 6 articles"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 set the pace
"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"
Showing resilience
"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"
Mixed performance
"On average, prime yields moved out slightly in 2023 as rents outperformed capital values, but shifting local supply and demand factors meant there were some outliers"
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Will Covid-19 bring property on golf resorts to the fore?
"Golf appeals to those looking for a better work-life balance post-pandemic."
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Which global leisure location has the fastest broadband speed?
"We rank the world's top 50."
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Will ‘slow streets’ and changes to city layouts outlast Covid-19?
"Why many of the temporary changes are here to stay."
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Prime Paris on the rise
"Paris’s prime market has recorded its best performance since 2011, with prices up across the board. However, some arrondissements have fared better than others"
Tech leads the way
"New infrastructure and funding make Paris increasingly attractive for tech investment, while Brexit may fuel finance job relocations"
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