Knight Frank Prime Global Rental Index Q1 2024

Prime city residential rental growth eases

Key findings:

Average annual rental growth across the 15 cities track stood at 3.7% in the 12 months to March 2024, down from 5.3% growth seen in the final quarter of 2023

The last time rents were rising this slowly was back in Q2 2021

80% of the markets tracked are seeing rental growth

0.7% the average quarterly growth in prime rents in the three months to March

Sydney is the city with the strongest rental growth in Q1 2024

26% growth in global prime rents from Q1 2021 to Q1 2024

Download the report "Prime Global Rental Index Q1, 2024"

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