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Prime rental market in key global cities showing signs of recovery

Prime rents across the 17 key cities around the world fell marginally by just 0.4% in 2016 suggesting that the sector is seeing a recovery. Some 10 of the cities recorded rental growth over the course of the year, up from seven in 2015, according to the data from the Knight Frank’s prime global rental […] The post Prime rental market in key global cities showing signs of recovery appeared first on PropertyWire . Continue reading

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Property market in Dubai stabilises but still declining in Abu Dhabi

The residential real estate market in Dubai is showing signs of having bottomed out with the latest sales and price figures moving into positive territory in February. The Dubai residential property sales price index from ReidIn increased by 0.3 points, an increase of 0.10% month on month and prices are now 0.97% higher year on […] The post Property market in Dubai stabilises but still declining in Abu Dhabi appeared first on PropertyWire . Continue reading

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San Francisco and London most expensive cities to rent a home

San Francisco, London, Hong Kong and Tokyo are the most expensive cities in the world to rent a one bedroom apartment, according to new research. Average rental prices account 47% of average salaries in San Francisco, 45% in London, 44% in Hong Kong and 42% in Tokyo, according to the rankings of 20 top cities […] The post San Francisco and London most expensive cities to rent a home appeared first on PropertyWire . Continue reading

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