Prime property price growth slowing in key global cities

Luxury homes in some of the world’s top cities saw a slowdown in price growth in the last quarter as new taxes, elections, referendums and economic jitters had an effect. Despite an average annual growth rate of 3.8% some 18 of the 37 cities tracked by the Knight Frank prime global cities index saw their rate of price growth slide in the third quarter of the year compared with the previous quarter.

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