Property News · November 8, 2017

China’s Guangzhou tops list of world cities for luxury residential property price rises this year


China’s third-largest city, Guangzhou, topped a global luxury residential property price index in the year to September, posting a 36.3 per cent increase in the average price of prime homes, according to a report by real estate agency Knight Frank.
The company’s Prime Global Cities Index tracks luxury residential prices across 41 cities around the world, including Toronto, Hong Kong, Seoul and Paris. The index rose 4.2 per cent in the year to September, with Shanghai and Cape Town…

Source : South China Morning Post
Read more…China’s Guangzhou tops list of world cities for luxury residential property price rises this year