May 28, 2009
The Knight Frank Global House Price Index shows pretty much what everyone in the industry expected. Dubai and Singapore show the largest drops in value, with more stable housing markets performing better than those affected by the recent credit boom and subsequent housing bubble, and the decline looking to continue for the foreseeable future. Key points of the report are from Knight Frank’s press release:
March 25, 2009
The Citi Private Bank report commissioned by Knight Frank shows that the largest drops in residential property prices were in Hong Kong (-26.8%), the Home Counties (-19.4%), London (-16.9%) and Dubai (-19.1%).
More on Property Crash Hot Spots – London Dubai and Hong Kong
