Prime Global Cities Index Q2 2022

Key findings:

  • Prime price growth is slowing. On average prime prices increased 7.5% in the year to Q2 2022 down from 10% in Q1 2022
  • The story is one of slower rates of annual growth rather than price falls year-on-year
  • Nineteen of the 45 cities tracked saw their rate of annual price growth decline between March and June 2022
  • Auckland, Wellington, Toronto and Stockholm registered some of the largest declines in annual price growth between March and June 2022
  • In Europe, Berlin (12.6%), Dublin (10.2%), Edinburgh (11.2%) and Paris (8.9%) are out in front as the appeal of urban living strengthens and international buyers return