This section of the BRIC Group news contains news about the latest developments in the global property market. This topic is of particular relevance to BRIC Group property investors. Articles in this section provide an interesting snapshot of the situation in the world generally. Articles offer a summary of the main fluctuations in prices in different capitals of the world, together with a round-up of the main trends for each quarter. The main source for news comes from the Knight Frank global property price index that covers numerous capitals in the world. The Index is published quarterly.
Information about specific property markets is available in other specific sections within News. To read news about developments in the Florida property market, consult Florida, Orlando and/or US property. Information on the latest on homes in Houston is available in the Houston category. For information and news on property in Brazil, look at Brazil and Northeast Brazil.
Global property prices rose by a healthy 6% in 2016, according to the latest Knight Frank Global House Price Index. This ranks as the highest increase since Q1 2014 and occurred against a background of uncertainties, both on the political and economic front in the world last year.
The annual AFIRE survey reveals that yet again property investment in the US ticks all the right boxes for foreign investors. The survey also finds that the US and Brazil continue to offer the best opportunities for capital appreciation while Brexit has affected property investment in the UK and London.
The political and economic climate remains uncertain in many parts of the world and this is reflected in global property prices whose quarterly growth took a slow but sure track in the first quarter of this year. Top performers were concentrated in the north while key Asian markets continue to flounder. This BRIC Group news piece provides the full picture.