Prime Global Cities Index Q3 2024

Key findings:

• Prime residential prices grew at an annual rate of 2.9% in the third quarter of 2024, marking the lowest growth this year and falling well below the 10-year average of 4.6%.
• Among the 44 cities tracked, a majority (29 out of 44) saw a prime residential price increase compared to last year.
• Manila continued to thrive, with remarkable growth of 4.6% over the past three months and an annual increase of 29.2%, driven by strong economic growth and rising consumer confidence.
• Dubai is transitioning to more sustainable growth patterns. Prime residential prices have steadily increased by 0.5% over the past quarter, resulting in a total price growth of 16.9% over the past year.