
Turbulent times
"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"
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"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"

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

"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"

"Prime Scottish sales have picked up post-summer, with prices holding steady. Looking ahead, the market will continue to be supported by cash purchases. But with more choice for increasingly discerning buyers, appropriate pricing is now essential to maintain the rate of agreed sales"

"Cash buyers have supported activity across prime London, but the market remains price-sensitive as buyers’ budgets have come under pressure. As such, sellers who are most prepared to be realistic on price will likely garner the best end result"

"Autumn has traditionally been a popular time to put a home on the market. The rise of the cash-rich buyer is a common theme across many markets, with buyers relying less on debt. Does this mean the prime market has continued to function better than expected?"

"Debt and equity have shaped the sales and rental markets this year – what do we expect to see this autumn?"

"Is there a risk of overpricing your property? Our analyses reveal the answer"

"Our agent survey reveals the change in buyer and seller price expectations"

"Recent further increases in the cost of mortgage finance are likely to put further pressure on prices in the more mortgage dependent parts of prime London"