Worldwide property investment increased in 2015. As this BRIC Group article reports, prices saw a rise of 3 per cent last year as savvy investors made the most of low interest rates and the opportunities available across the globe.
Prime property investment performance over the next years in ten key cities is expected to be lower than in 2016 as global phenomena affect local economies. Top-ranking cities will once again be headed by Sydney with property in Miami and New York featuring in second place. This BRIC Group news article provides the full picture.
The world’s fast-growing urban population presents interesting investment opportunities over the next few years. When looking at global property investment for 2016, investors have the choice between established but slower growing cities or emerging urban centres with faster growth. Asia concentrates the bulk of new cities with Dubai a rising star among them.
With most countries finally emerging from the crisis, consumer confidence on the increase and low interest rates in many key locations, international property is on track for an excellent year. Investment volumes are growing, new developments on the increase and rentals struggling to keep up with demand. Key property investment markets for this year include the US, London, New York and Europe’s recovering economies.