![]() ![]() “ New York, Los Angeles, nMiami and San Francisco all recorded double-digit annual price growth in the 12 months to June, placing them in the top 10 rankings.CRCS Sahara Refund Portal: Login Link, Claim Process, Who Can Apply? All Details The mortgage cap and the doubling of transfer fees at the end of 2013 influenced buyer activity more than forecast as new research by Knight Frank revealed around 25% of purchases are mortgage financed in the Emirate. In Dubai, prime prices rose by 6.3% in the year to June, down from 11.7% last quarter.However, in both cases the rate of growth has slowed in the second quarter. Jakarta and Dublin stand out due to their stellar performances, ending the year to June 27.3% and 23.5% higher respectively.We noted last quarter the improving performance of luxury homes in North America, this trend has continued in the second quarter with New York, Los Angeles, Miami and San Francisco all recording double-digit annual growth in the 12 months to June, placing them all in the top 10 rankings.“New York, Los Angeles, Miami, San Francisco all recorded double-digit annual price growth in the 12 months to June, placing them in the top 10 rankings.” ![]() Kate Everett-Allen, International Residential Research says: Key Asian and European capitals dominate the bottom of the annual rankings with US cities positioned at the top.Dubai saw annual price growth slip from 11.7% in Q1 to 6.3% in Q2.Jakarta and Dublin recorded the strongest rise in prime prices in annual terms. ![]() 27 cities recoreded positive annual price growth in the year to June 2014, up from 21 a year earlier.Price residential prices rose by 6.2% in the year to June 2014, up from 5% a year earlier. ![]() Luxury homes in key US cities are now increasing in value at a faster rate than those in several European and Asian cities. Prime residential prices across the index’s 32 cities rose by 6.2% on average in the year to June 2014. ![]()
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