Luxury Rental Prices Are Falling Across the World, a New Report Says
Rental prices spiked in Sydney, but in New York City, the rental market continues to drop.
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Rental prices spiked in Sydney, but in New York City, the rental market continues to drop.
According to a new report from property broker Knight Frank, five out of 10 major global cities had rent values decrease on a quarterly basis.
America’s tenants have finally started to benefit from a ceasefire in rent increases, with some states on the Sun Belt now firmly “renters’ markets” according to experts.
House prices in the US, Canada, Australia and New Zealand have defied gravity since the pandemic — so what does this year hold and how does the UK compare?
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