Dubai, Miami, London, Sydney or Paris: new frontiers for real estating worldwide

In some places the residential real estate value reaches + 189%, such as in Miami, Dallas or Los Angeles.

The average price of houses in 150 cities around the world increased by 11.7%, compared to 11.5% in the previous quarter.

The briefly summarized data was analyzed in the Global Residential Cities Index by Knight Frank, the global real estate advisor at a global level. The study drawn up by Knight Frank analyzed the trend in the real estate market of 25 cities around the world.

Today the residential sector is growing on average by + 4.4%, compared to the + 6.1% forecast at the beginning of the year. But in reality of the 25 cities monitored, only 11 are actually slowing down compared to forecasts six months ago, while 14 cities soar, surpassing the average growth of the last ten years. Miami which despite the fear of the block of the residential market returns to shine and rises to first place; Dubai with + 12% in terms of price growth in 2022; Los Angeles + 10%; Edinburgh +8; Dublin + 7%; Lisbon + 5%; New York + 5%; Singapore and Mumbai.