"Prime residential property has shown resilience against depressed economic outlooks worldwide, but it is not immune from challenges"

"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"

"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"

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

"Inflationary pressures and difficult market conditions in the prime residential markets across the globe lead to a subdued set of growth performance figures in 2023"

"While cities are still in vogue, global capital value growth slowed during the second half of 2022. The prime rental markets, however, told a different, more positive story"